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$GENIUS (1h) - Pullback Short
Bias: Short
Entry (Zone): 0.5110 - 0.5230
Targets:
TP1: 0.4980
TP2: 0.4840
TP3: 0.4680
Stop Loss: 0.5460
Why this Setup:
I’m looking to short a weak bounce into prior resistance after the sharp selloff and the recent recovery attempt stalled under the mid-0.50s. I expect price to fail on a retest of the breakout area and rotate back toward the lower range as momentum cools.