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$BANANAS31 (1h) - Rejection Short
Bias: Short
Entry (Zone): 0.01200 - 0.01215
Targets:
TP1: 0.01175
TP2: 0.01145
TP3: 0.01115
Stop Loss: 0.01235
Why this Setup:
I’m looking to fade this rebound into the 0.0120 area after the strong selloff, since price is still below prior resistance and the move higher looks like a corrective push. I want confirmation of weakness there so I can ride a continuation back toward the recent support zones.