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$VVV (1H) - Bearish Rejection Setup
Bias: Short
Entry (Zone): 15.55 - 15.90
Targets:
TP1: 15.05
TP2: 14.55
TP3: 14.05
Stop Loss: 16.25
Why this Setup:
I’m seeing price fail to reclaim the 16.00 area and continue making lower highs, so I prefer shorting into resistance. I want to see momentum stay weak below this band for a push back into the prior support zones.