$SOON (1h) - Rejection Fade


Bias: Short
Entry (Zone): 0.2180 - 0.2240
Targets:
TP1: 0.2070
TP2: 0.1980
TP3: 0.1860
Stop Loss: 0.2375
Why this Setup:
I’m seeing a strong impulse into resistance followed by clear hesitation and weaker continuation near the highs. I want to short the failed breakout area for a move back into the prior range, where I expect momentum to cool off and sellers to regain control.
SOON7,68%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin