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$SOMI (1H) - Resistance Fade
Bias: Short
Entry (Zone): 0.226 - 0.238
Targets:
TP1: 0.208
TP2: 0.19
TP3: 0.172
Stop Loss: 0.25
Why this Setup:
I like the short only while price stays heavy under this spike area. It ran hard into the highs and then started chopping right under the top, so I want to fade it if it can’t get back above the zone. If it keeps holding up there, I’m out.