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$STG (1h) - Resistance Rejection Short
Bias: Short
Entry (Zone): 0.481 - 0.505
Targets:
TP1: 0.465
TP2: 0.430
TP3: 0.395
Stop Loss: 0.530
Why this Setup:
I see price stretching into a fresh resistance area after a strong impulse, and I expect profit-taking to step in if momentum starts fading here. I’m looking for a rejection from this zone for a move back into the prior support levels below.