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$PLAY (1h) - Short
Bias: Short
Entry (Zone): 0.0359 - 0.0363
Targets:
TP1: 0.0348
TP2: 0.0336
TP3: 0.0322
Stop Loss: 0.0381
Why this Setup:
I’m leaning short because price is losing momentum under the recent swing highs and keeps getting rejected near the 0.0365 to 0.0380 area. I want to sell into that overhead supply and look for a continuation move back toward the lower range if the current bounce fails.