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$STG 1h - Rejection Short
Bias: Short
Entry (Zone): 0.1680 - 0.1700
Targets:
TP1: 0.1635
TP2: 0.1585
TP3: 0.1525
Stop Loss: 0.1765
Why this Setup:
I’m seeing a sharp spike into resistance followed by rejection, so I favor a fade as long as price stays below the recent high. I want to sell into weakness and look for a move back toward the prior support zones if momentum keeps cooling off.