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$M Rejection From Resistance Setup 📉
Trade Setup: Short
Entry Zone: 3.20 – 3.27
TP1: 3.12
TP2: 3.06
TP3: 2.99
SL: 3.32
$M pushed hard into the 3.27 resistance zone after a clean breakout, but price is starting to slow near the top. RSI is already heated above 74, while the move is stretched above the EMA stack.
Failure to reclaim and hold above 3.27 keeps a short-term cooldown setup active. A clean break above 3.32 would invalidate the short idea.
Trade Here On $M 👇