$RENDER Pullback Opportunity 📉
Trade Direction: SHORT
Entry Zone: 1.542 - 1.550
Stop Loss: 1.565 (above recent local high)
Take Profits:
TP1: 1.530
TP2: 1.515
TP3: 1.495
Why this setup?
After strong move to 1.58 price formed lower highs (LH) and is rejecting lower with bearish candles. Clear breakdown from intraday highs, respecting resistance zone. Momentum shifting south.
Bullish bounce incoming or more downside.
Trade Direction: SHORT
Entry Zone: 1.542 - 1.550
Stop Loss: 1.565 (above recent local high)
Take Profits:
TP1: 1.530
TP2: 1.515
TP3: 1.495
Why this setup?
After strong move to 1.58 price formed lower highs (LH) and is rejecting lower with bearish candles. Clear breakdown from intraday highs, respecting resistance zone. Momentum shifting south.
Bullish bounce incoming or more downside.