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$FIDA (1h) - Short Rejection
Bias: Short
Entry (Zone): 0.0382 - 0.0390
Targets:
TP1: 0.0366
TP2: 0.0352
TP3: 0.0336
Stop Loss: 0.0409
Why this Setup:
I see price failing to reclaim the 0.0400 area after a strong bounce, and I’m treating this as a rejection short into nearby resistance. I want to fade strength while momentum stays below the recent highs, with room for a continuation back toward the prior support zones.