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$LIT | 1h | Short Setup
Bias: Short
Entry Zone: 1.3450 to 1.3600
Stop Loss: 1.3860
Targets:
TP1: 1.3250
TP2: 1.3050
TP3: 1.2800
Invalidation:
Close above 1.3860
Why This Setup:
I’m fading the move into resistance after a sharp extension and spike in volume. Price is stretched above the prior breakout area, so I’m looking for a rejection or failed retest before continuation lower.
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