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$BAS (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 0.01585 - 0.01605
Targets:
TP1: 0.01515
TP2: 0.01460
TP3: 0.01385
Stop Loss: 0.01675
Why this Setup:
I’m still favoring the short side because price keeps rejecting the same 1D range area and the latest bounce looks more like a retest than a clean trend reversal. I want to fade strength into the 0.0160 supply zone, where momentum has repeatedly stalled, and look for continuation back toward the prior lows if buyers fail to reclaim the range high.