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$POPCAT (1h) - Pullback Short
Bias: Short
Entry (Zone): 0.0510 - 0.0526
Targets:
TP1: 0.0498
TP2: 0.0484
TP3: 0.0469
Stop Loss: 0.0540
Why this Setup:
I’m leaning short while price stays below the recent spike high and struggles to hold the breakout area. I want to sell into a weak bounce or failed retest, since momentum has started to fade after the sharp push up and the nearest liquidity sits back into the prior range.