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$BIO (1h) - Bearish Scalp
Bias: Short
Entry (Zone): 0.0348 - 0.0362
Targets:
TP1: 0.0335
TP2: 0.0318
TP3: 0.0302
Stop Loss: 0.0374
Why this Setup:
I’m looking for continuation lower after repeated failed rebounds and a clear sequence of lower highs. I want to sell into strength within the current resistance zone and trade the downside momentum toward the nearest support levels.