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$STABLE (1h) - Pullback Short
Bias: Short
Entry (Zone): 0.03560 - 0.03615
Targets:
TP1: 0.03475
TP2: 0.03405
TP3: 0.03335
Stop Loss: 0.03705
Why this Setup:
I’m fading the extended 1h move after the strong push into resistance, since price looks stretched and is starting to stall below the recent swing high. I want a pullback short on rejection, using the local overbought momentum idea and the range-bound structure to look for a continuation back into the mid-range and lower support levels.