Today's entry at 13.943 is crucial as it aligns with the local range low, broken on the recent sweep. Liquidity here is thick, suggesting a potential reversal. Momentum is our catalyst, with Williams %R recovering to -71.2, indicating overbought conditions post-V-shape reclaim. Target 1 is 13.101, where the next logical support level intersects with a major fib retracement. Stop loss is set at 14.504, invalidating the short thesis if price surges through the recent high, exiting our put spread
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