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$ZKP (1h) - Bearish Rejection
Bias: Short
Entry (Zone): 0.0531 - 0.0540
Targets:
TP1: 0.0520
TP2: 0.0508
TP3: 0.0492
Stop Loss: 0.0558
Why this Setup:
I see price failing after a sharp drop and sitting under a clear supply area, so I want to fade any weak bounce into this zone. I’m looking for continuation lower as long as price stays below the recent breakdown area and momentum keeps favoring sellers.