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$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.