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$ALGO (1h) - Bearish Rejection Short
Bias: Short
Entry (Zone): 0.1130 - 0.1140
Targets:
TP1: 0.1110
TP2: 0.1095
TP3: 0.1070
Stop Loss: 0.1160
Why this Setup:
I’m looking to short into the recent recovery after the sharp rejection from the 0.1190 area. I expect price to struggle under 0.1140 and rotate back toward the prior support zones if momentum fades.