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$LIT (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 1.3440 - 1.3600
Targets:
TP1: 1.3060
TP2: 1.2720
TP3: 1.2200
Stop Loss: 1.3890
Why this Setup:
I’m looking to fade this recovery into resistance because price is stalling near the recent supply zone after a sharp rebound. I want to short weakness in this area and see follow-through back toward the prior swing supports.