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$PUNDIX | 1h | Breakdown Fade
Bias: Short
Entry Zone: 0.1085 to 0.1120
Stop Loss: 0.1175
Targets:
TP1: 0.1040
TP2: 0.0985
TP3: 0.0910
Invalidation:
Close above 0.1175
Why This Setup:
I’m fading the rejection after the sharp liquidity sweep into 0.12. Price is now losing momentum under the spike high, and a break back below 0.1085 should open a move toward the prior range lows and the 0.098 support area.