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$XRP (1h) - Breakdown Reversal Long
Bias: Long
Entry (Zone): 1.123 - 1.133
Targets:
TP1: 1.150
TP2: 1.176
TP3: 1.205
Stop Loss: 1.094
Why this Setup:
I’m looking for a rebound from the current consolidation after the pullback, since price is still holding near the recent base and I want a clean reclaim of the short-term intraday structure. I’d use a tight invalidation below the local low and target the prior resistance zones on the way back up.