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$ID (1h) - Resistance Rejection Short
Bias: Short
Entry (Zone): 0.0330 - 0.0340
Targets:
TP1: 0.0318
TP2: 0.0305
TP3: 0.0292
Stop Loss: 0.0352
Why this Setup:
I see price pushing into a clear resistance area after a strong impulsive move, and I’m looking for the rally to stall here. If momentum fades and buyers fail to hold above the recent highs, I expect a retrace back toward the nearest support levels.