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$HUMA (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 0.02375 - 0.02405
Targets:
TP1: 0.02320
TP2: 0.02260
TP3: 0.02190
Stop Loss: 0.02428
Why this Setup:
I’m fading the current upper-range rejection after the strong impulse up, since price is stalling below recent highs and struggling to hold momentum above resistance. I want a short on any retest into the 0.0238-0.0240 area, with downside back toward the mid-range and prior breakout support.