$HK0625 Short Setup — Upper Rejection & Downward Pullback
HK0625 reached a high near $39.15 after a sudden spike. Sellers quickly took control at the top, pushing the price back down toward $38.23.
With the 1H timeframe showing long upper wicks and a loss of buying momentum, the price action favors a corrective drop toward local support zones.
📍 Entry: $38.23
🎯 TP1: $37.50
🎯 TP2: $36.80
🛑 SL: $39.20
⚖️ R:R: 1:2 | Risk: 1% | Reward: 2%
Strong rejection from the top! Do you think sellers will drive this down to $37.50 today? 👀
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$MUBARAK
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