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$PIXEL (1h) - Bearish Retracement Short
Bias: Short
Entry (Zone): 0.00530 - 0.00545
Targets:
TP1: 0.00502
TP2: 0.00458
TP3: 0.00390
Stop Loss: 0.00592
Why this Setup:
I’m looking for a continuation short because the chart is still trading below key local resistance after a strong breakdown, and recent rebounds have been weak and choppy. I want to sell into the nearest supply zone and target the next downside supports if momentum rolls over again.