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$PLAY (1h) - Rejection Short
Bias: Short
Entry (Zone): 0.0371 - 0.0376
Targets:
TP1: 0.0362
TP2: 0.0353
TP3: 0.0344
Stop Loss: 0.0386
Why this Setup:
I’m leaning short because the move has stalled after a strong push into the 0.041-0.043 area, and price is now rolling over from lower highs. I want to fade this weakness on any bounce back into resistance, looking for a continuation into the prior support bands below.