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$XRP (1H) - Short Rejection Setup
Bias: Short
Entry (Zone): 1.148 - 1.164
Targets:
TP1: 1.125
TP2: 1.102
TP3: 1.078
Stop Loss: 1.198
Why this Setup:
I’m seeing price retest a heavy intraday supply area after a sharp rebound, and I want to fade it if momentum stalls. I’m looking for rejection around recent highs and a move back into the lower liquidity pockets where buyers previously lost control.