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$VIC (1h) - Rejection Short
Bias: Short
Entry (Zone): 0.0495 - 0.0510
Targets:
TP1: 0.0460
TP2: 0.0438
TP3: 0.0415
Stop Loss: 0.0526
Why this Setup:
I see price bouncing hard into a prior supply area after a sharp flush, but the recovery still looks reactive rather than fully reclaimed. I want to fade this move if it loses momentum near resistance and rolls back under the recent intraday highs.