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$BASED (1h) - Bearish Breakdown Fade
Bias: Short
Entry (Zone): 0.0852 - 0.0862
Targets:
TP1: 0.0838
TP2: 0.0824
TP3: 0.0809
Stop Loss: 0.0876
Why this Setup:
I’m fading the weak bounce off the recent slide because price is still making lower highs and losing support. I want a clean retest of the breakdown area for continuation lower, with a tight stop just above the failed reclaim.
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