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$PLAY | 1h | Range Rejection Short
Bias: Short
Entry Zone: 0.0930 to 0.0950
Stop Loss: 0.0985
Targets:
TP1: 0.0895
TP2: 0.0872
TP3: 0.0838
Invalidation:
Close above 0.0985
Why This Setup:
I’m favoring a short after the sharp rejection from the recent spike high and the failed attempt to reclaim the 0.0950 area. Price is still trading below prior breakdown resistance, so I’m looking for continuation back into the lower range if sellers keep control.
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