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$LDO (1h) - Resistance Rejection / Short
Bias: Short
Entry (Zone): 0.4440 - 0.4560
Targets:
TP1: 0.4240
TP2: 0.4040
TP3: 0.3850
Stop Loss: 0.4700
Why this Setup:
I’m seeing price push into resistance and start to stall near the highs after a strong impulsive move. The follow-through is fading, and the candles near the top are showing weaker continuation with rejection wicks, which makes me think sellers could step in here. I’d rather fade the move back toward the prior support zones if momentum can’t reclaim the recent highs.