$PRL SHORT — BEARISH REJECTION SETUP
$PRL is showing a strong rejection after reaching the 0.4095 resistance. The latest move has pulled back sharply from the high, suggesting profit-taking and weakening momentum. A rejection from the resistance zone could lead to further downside.
Entry: 0.3650 – 0.3900
TP1: 0.3500
TP2: 0.3260
TP3: 0.3080
SL: 0.4150
A clear rejection below 0.3900 followed by a break of 0.3500 could open the way toward 0.3260 → 0.3080.
If price breaks and holds above 0.4150, the short setup weakens and bullish continuation becomes more likely.
$PRL is showing a strong rejection after reaching the 0.4095 resistance. The latest move has pulled back sharply from the high, suggesting profit-taking and weakening momentum. A rejection from the resistance zone could lead to further downside.
Entry: 0.3650 – 0.3900
TP1: 0.3500
TP2: 0.3260
TP3: 0.3080
SL: 0.4150
A clear rejection below 0.3900 followed by a break of 0.3500 could open the way toward 0.3260 → 0.3080.
If price breaks and holds above 0.4150, the short setup weakens and bullish continuation becomes more likely.