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$PLAY (1h) - Short Rejection
Bias: Short
Entry (Zone): 0.0359 - 0.0364
Targets:
TP1: 0.0348
TP2: 0.0336
TP3: 0.0324
Stop Loss: 0.0379
Why this Setup:
I’m looking for a short here because price is still failing to build acceptance above the recent resistance area, and the last push was rejected with momentum fading. I want to sell a bounce into that zone and trade the pullback toward the nearby support levels.