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$RE (1h) - Bearish Rejection Setup
Bias: Short
Entry (Zone): 0.985 - 1.010
Targets:
TP1: 0.948
TP2: 0.912
TP3: 0.885
Stop Loss: 1.052
Why this Setup:
I’m looking for rejection after the strong recovery into prior supply, where price is still struggling to hold above the 1.00 area. If buyers fail to accept higher, I expect a rotation back toward the lower liquidity pockets and recent support below.