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$ICP | 1h | Resistance Rejection
Bias: Short
Entry Zone: 2.40 to 2.46
Stop Loss: 2.56
Targets:
TP1: 2.32
TP2: 2.24
TP3: 2.16
Invalidation:
Close above 2.56
Why This Setup:
I’m looking for a short while price keeps failing to hold above the recent 2.50-2.55 supply zone. The move up lost momentum and the current pullback is showing lower highs, so I want a rejection back toward the prior range lows.
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