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$ONDO (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 0.3600 - 0.3660
Targets:
TP1: 0.3520
TP2: 0.3410
TP3: 0.3300
Stop Loss: 0.3745
Why this Setup:
I’m treating this as a short into nearby resistance because the rebound is losing momentum after a strong bounce, and I want to fade the move if price stalls in this zone. I’ll look for rejection confirmation here and target the prior support levels below.