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$XAN (1h) - Pullback Rejection Short
Bias: Short
Entry (Zone): 0.01085 - 0.01105
Targets:
TP1: 0.01040
TP2: 0.01000
TP3: 0.00960
Stop Loss: 0.01130
Why this Setup:
I’m seeing a sharp rally into resistance followed by a fast rejection, which tells me buyers are losing momentum after the breakout. I want to fade any weak recovery into the 0.01085 to 0.01105 area and look for a move back toward the prior support zones.