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$XRP (1h) - Long Rebound Setup
Bias: Long
Entry (Zone): 1.22 - 1.24
Targets:
TP1: 1.27
TP2: 1.30
TP3: 1.34
Stop Loss: 1.19
Why this Setup:
I’m looking for continuation off the recent support bounce after the sharp selloff, with price trying to reclaim the 1.24 area. I want confirmation that this level holds before aiming for the prior breakdown zones around 1.27 and 1.30, while keeping risk below the recent swing low.