This short setup targets the zone just below key resistance at 0.0284 — a level that has rejected price twice in the past 48 hours on the 1H chart. The stop loss sits above that high, suggesting a liquidity sweep is in play before downside continuation. Volume is declining on the bounce, weakening the bullish case.
The risk-to-reward on the first target is roughly 1:2.2 — tight enough for a quick scalp. Are you taking this short or waiting for a retest of the entry range?
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