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$PROVE (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 0.2720 - 0.2750
Targets:
TP1: 0.2665
TP2: 0.2615
TP3: 0.2565
Stop Loss: 0.2795
Why this Setup:
I’m staying short while price keeps failing to reclaim the 0.28 area after the sharp run-up. I see weakening momentum, lower highs, and a clear rejection zone forming near resistance, so I’m looking for a grind back toward the recent range lows.