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$RE (1h) - Pullback Short
Bias: Short
Entry (Zone): 0.76 - 0.80
Targets:
TP1: 0.72
TP2: 0.68
TP3: 0.63
Stop Loss: 0.86
Why this Setup:
I’m looking for a rejection after the sharp impulsive move into resistance, since price is stretched and momentum looks vulnerable to cooling off. If sellers defend this zone, I expect a retrace back toward the prior breakout area and the next support levels below.