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$GWEI (1H) - Bearish Rejection
Bias: Short
Entry (Zone): 0.1182 - 0.1205
Targets:
TP1: 0.1140
TP2: 0.1095
TP3: 0.1030
Stop Loss: 0.1228
Why this Setup:
I’m watching for a weak rebound into the 0.1180 - 0.1205 area to fade, since price has been trending lower and is still struggling to reclaim the broken intraday support. I want to sell into resistance and ride the next continuation leg down if momentum stays heavy.