$RE is rejecting the $0.562–$0.570 area after a sharp recovery, keeping the short-term setup bearish toward $0.5305 support.
Trade Setup: Short
Entry zone: 0.5620 – 0.5700
TP1: 0.5520
TP2: 0.5420
TP3: 0.5305
SL: 0.5764
The rebound is approaching a key resistance zone after the previous breakdown, creating a potential rejection setup. A move back below $0.555 could strengthen bearish momentum toward the lower supports.
Trade Here On👇
Trade Setup: Short
Entry zone: 0.5620 – 0.5700
TP1: 0.5520
TP2: 0.5420
TP3: 0.5305
SL: 0.5764
The rebound is approaching a key resistance zone after the previous breakdown, creating a potential rejection setup. A move back below $0.555 could strengthen bearish momentum toward the lower supports.
Trade Here On👇
