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$USELESS (1h) - Short Rejection Setup
Bias: Short
Entry (Zone): 0.06820 - 0.06910
Targets:
TP1: 0.06620
TP2: 0.06490
TP3: 0.06320
Stop Loss: 0.07120
Why this Setup:
I’m treating this as a bearish rejection after the sharp run-up and failed follow-through near the recent breakdown area. I want a move back into the lower range if price keeps losing momentum, with confirmation that the bounce is fading before I press the short.