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$RE $REUSDT (1h) - Bearish Rejection Short
Bias: Short
Entry (Zone): 0.72 - 0.74
Targets:
TP1: 0.68
TP2: 0.64
TP3: 0.59
Stop Loss: 0.78
Why this Setup:
I see a sharp impulse into resistance followed by rejection, so I want to fade this move if price keeps failing to reclaim the highs. I’m looking for continuation lower as momentum cools off and the recent breakout gets fully retraced.