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$UNI (1h) - Bearish Rejection Setup
Bias: Short
Entry (Zone): 2.92 - 2.98
Targets:
TP1: 2.82
TP2: 2.74
TP3: 2.66
Stop Loss: 3.07
Why this Setup:
I’m looking to short a rally into the nearby supply zone because price is still making lower highs and the recent bounce looks corrective rather than impulsive. If this area rejects again, I expect a move back toward the prior swing lows and deeper liquidity below.