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$ZRO (1h) - Bearish Rejection
Bias: Short
Entry (Zone): 1.346 - 1.354
Targets:
TP1: 1.330
TP2: 1.315
TP3: 1.295
Stop Loss: 1.366
Why this Setup:
I’m seeing price lose momentum into resistance after a sharp recovery, and the latest candles show repeated rejection near the same area. I want to fade this bounce while sellers are still defending the highs, with room for a retrace back toward prior support.