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$BABY (1h) - Breakdown Rejection
Bias: Short
Entry (Zone): 0.0282 - 0.0290
Targets:
TP1: 0.0266
TP2: 0.0248
TP3: 0.0227
Stop Loss: 0.0311
Why this Setup:
I’m looking for a short if price keeps failing to hold above the recent spike zone, since the move higher is starting to look stretched and momentum is fading into overhead supply. I want a clean rejection from this area, with room for a rotation back into the prior breakout levels and lower support if sellers stay in control.
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