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$STG (1h) - Short Rejection
Bias: Short
Entry (Zone): 0.427 - 0.441
Targets:
TP1: 0.405
TP2: 0.386
TP3: 0.367
Stop Loss: 0.452
Why this Setup:
I see price pushing into a clear supply area after a sharp rally, and I think the move is getting stretched here. I want to fade the first rejection in this zone, looking for a pullback toward the nearest support levels if buyers lose momentum.