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$BNB (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 694.00 - 697.00
Targets:
TP1: 688.00
TP2: 682.50
TP3: 675.00
Stop Loss: 704.50
Why this Setup:
I’m fading the current bounce into prior breakdown resistance after a sharp impulse and a weak recovery. If price loses momentum around this zone, I expect a move back toward the lower range supports before buyers can regain control.