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$DOGS (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 0.0000560 - 0.0000585
Targets:
TP1: 0.0000535
TP2: 0.0000515
TP3: 0.0000488
Stop Loss: 0.0000602
Why this Setup:
I’m looking for the recent bounce to fade into the prior supply zone after a sharp impulsive move up. I want rejection near the 0.0000570 to 0.0000585 area, then a move back into the mid-range and toward the last swing support if momentum rolls over.