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$BNB (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 606.20 - 608.10
Targets:
TP1: 601.80
TP2: 598.90
TP3: 594.80
Stop Loss: 610.40
Why this Setup:
I’m fading the move into the 606-608 supply area after the recent rebound, since price is still capped below the 610 area and the broader structure remains weak. I want a controlled short on a rejection back toward the mid-590s, with the stop kept just above the recent swing highs.