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$XRP (1H) - Pullback Short
Bias: Short
Entry (Zone): 1.4420 - 1.4520
Targets:
TP1: 1.4200
TP2: 1.3950
TP3: 1.3680
Stop Loss: 1.4590
Why this Setup:
I’m looking to short this into a failed breakout after the sharp push up, since price is stretched above the prior consolidation and has started rejecting the highs. I want a clean retracement back into the breakout area, with downside targets into the nearest support levels.
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