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$USELESS (1h) - Range Short
Bias: Short
Entry (Zone): 0.0748 - 0.0754
Targets:
TP1: 0.0732
TP2: 0.0719
TP3: 0.0704
Stop Loss: 0.0768
Why this Setup:
I see price losing momentum after the recent rebound and stalling under nearby resistance, so I’m favoring a short back into the lower part of the range. I want to sell into strength near the current resistance band and look for a move toward the prior swing lows if the bounce continues to fade.