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$ESPORTS | 1H | Breakdown Rejection
Bias: Short
Entry Zone: 0.02200 to 0.02280
Stop Loss: 0.02890
Targets:
TP1: 0.01950
TP2: 0.01620
TP3: 0.01400
Invalidation:
Close above 0.02890
Why This Setup:
I’m fading the sharp impulse into resistance after an extended downtrend, looking for a lower-high rejection near the recent breakout area. If price loses the 0.022 handle and momentum fades, I expect a retrace back toward the prior consolidation and liquidity below.