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$ZKP (1h) - Short Rejection
Bias: Short
Entry (Zone): 0.0838 - 0.0862
Targets:
TP1: 0.0795
TP2: 0.0768
TP3: 0.0739
Stop Loss: 0.0884
Why this Setup:
I see price losing efficiency into the recent supply area, and the upside move looks like it is struggling to sustain after the sharp expansion. I want to short the rejection if sellers keep defending this resistance, since the structure is starting to look like distribution after the push higher.