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$ESPORTS (1h) - Bearish Rejection Short
Bias: Short
Entry (Zone): 0.0718 - 0.0732
Targets:
TP1: 0.0680
TP2: 0.0648
TP3: 0.0612
Stop Loss: 0.0759
Why this Setup:
I’m fading the current bounce into nearby resistance after the strong breakdown from the prior swing high. The structure still looks bearish on the 1h, and I want to sell strength only if price loses momentum back under the recent range high.