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$BASED (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 0.08070 - 0.08130
Targets:
TP1: 0.07870
TP2: 0.07720
TP3: 0.07490
Stop Loss: 0.08260
Why this Setup:
I’m shorting into the upper end of the current range after a sharp push into resistance. I want to fade momentum as long as price holds below the recent highs, with a clean invalidation above the breakout area.