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$ESPORTS (1H) - Bearish Rejection Short
Bias: Short
Entry (Zone): 0.0510 - 0.0530
Targets:
TP1: 0.0470
TP2: 0.0435
TP3: 0.0395
Stop Loss: 0.0570
Why this Setup:
I’m looking to short into the failed push above the recent highs because price was rejected hard and is now losing momentum around the 0.051 to 0.053 area. I expect a rotation back into the prior support zones if this rebound continues to fade.