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$JCT (1h) - Bearish Pullback Short
Bias: Short
Entry (Zone): 0.00435 - 0.00455
Targets:
TP1: 0.00410
TP2: 0.00390
TP3: 0.00370
Stop Loss: 0.00478
Why this Setup:
I’m looking for a rejection after the recent impulse move, since momentum appears to be fading under the local supply area. I want to short any failed bounce back into resistance and ride a continuation toward the prior support zones.