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$PROVE (1h) - Bearish Rejection Short
Bias: Short
Entry (Zone): 0.3240 - 0.3300
Targets:
TP1: 0.3120
TP2: 0.3000
TP3: 0.2880
Stop Loss: 0.3375
Why this Setup:
I’m looking to short into this sharp parabolic move because price is stalling under the recent highs and the candles show repeated rejection near the top of the spike. I want a pullback toward the first support zone if momentum fades, with risk defined just above the latest swing high.