$GENIUS (1h) - Bearish Range Rejection

Bias: Short

Entry (Zone): 0.5790 - 0.5850

Targets:

TP1: 0.5715

TP2: 0.5625

TP3: 0.5530

Stop Loss: 0.5945

Why this Setup:

I’m still leaning short because price keeps failing to reclaim the 0.59 area and the bounce is looking like a liquidity grab inside a broader intraday range. I want to fade strength into resistance, with the 1h structure still rolling over and momentum favoring another push back toward the lows near 0.55.

GENIUSUSDT

Perp

0.4169

-19.73%