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$USELESS (1h) - Bearish Breakdown Setup
Bias: Short
Entry (Zone): 0.06670 - 0.06710
Targets:
TP1: 0.06520
TP2: 0.06420
TP3: 0.06280
Stop Loss: 0.06785
Why this Setup:
I’m still favoring downside pressure here because the chart keeps making lower highs, and the recent bounce is struggling to reclaim the prior breakdown area. I want to short any weak retest into resistance, since the move below local support looks like it can continue if momentum stays soft.