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$O (1h) - Bearish Rejection Setup
Bias: Short
Entry (Zone): 0.5950 - 0.6120
Targets:
TP1: 0.5750
TP2: 0.5550
TP3: 0.5350
Stop Loss: 0.6280
Why this Setup:
I see the market failing to reclaim the 0.60 area after a strong selloff, and I want to short any weak bounce into that resistance. The trend still looks heavy, so I’m looking for continuation lower unless price can cleanly recover above the recent breakdown zone.