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$XRP | 1h | Breakdown Rejection
Bias: Short
Entry Zone: 1.0780 to 1.0825
Stop Loss: 1.1035
Targets:
TP1: 1.0645
TP2: 1.0530
TP3: 1.0360
Invalidation:
Close above 1.1035
Why This Setup:
I’m shorting the failed bounce under 1.10 after repeated rejection from the 1.11-1.12 supply zone. Price is losing momentum on the 1h and is now pressing into the prior low area, so a clean breakdown can extend toward the next liquidity pockets.