$DYDX | 1h | Rejection Short


Bias: Short
Entry Zone: 0.1248 to 0.1260
Stop Loss: 0.1284
Targets:
TP1: 0.1225
TP2: 0.1210
TP3: 0.1195
Invalidation:
Close above 0.1284
Why This Setup:
I see DYDX rejecting the 0.1270-0.1280 resistance area after a strong push up, with momentum fading and lower highs forming. I want to fade the move if price continues to lose the recent support shelf and confirms weakness below the current range.
DYDX2.68%
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