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$PROVE (1h) - Short
Bias: Short
Entry (Zone): 0.2920 - 0.3330
Targets:
TP1: 0.2715
TP2: 0.2480
TP3: 0.2280
Stop Loss: 0.3515
Why this Setup:
I’m fading the extended spike into resistance after the sharp run-up lost momentum and started printing lower highs. I want a retrace back into the prior breakout area, and the overhead supply makes a move toward the next support levels likely if sellers stay in control.