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$STO (1h) - Pullback Short
Bias: Short
Entry (Zone): 0.04800 - 0.04880
Targets:
TP1: 0.04710
TP2: 0.04580
TP3: 0.04320
Stop Loss: 0.04960
Why this Setup:
I’m looking to short the weak bounce after the sharp breakdown, since price is still trading below the prior intraday range and every recovery attempt has been sold into. I want a rejection from this support area for a continuation move toward the next downside levels.