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$LAYER (1h) - Short Rejection From Supply
Bias: Short
Entry (Zone): 0.0780 - 0.0800
Targets:
TP1: 0.0750
TP2: 0.0730
TP3: 0.0705
Stop Loss: 0.0852
Why this Setup:
I see price pushing back into a prior supply area after a sharp impulsive spike, but the follow-through still looks corrective rather than a clean trend continuation. I want to fade any rejection from this resistance zone, expecting liquidity below the recent swing lows to get taken if buyers fail to hold the breakout.