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$PLAY (1h) - Bearish Continuation
Bias: Short
Entry (Zone): 0.0648 - 0.0662
Targets:
TP1: 0.0610
TP2: 0.0572
TP3: 0.0520
Stop Loss: 0.0710
Why this Setup:
I see the market losing momentum after a sharp rejection from the recent swing high, and I want to fade any weak bounce into the overhead resistance zone. I’m staying short as long as price keeps failing to reclaim the 0.0700 area, since the structure still favors a continuation toward the lower range.