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$XRP | 1h | Breakdown Rejection
Bias: Short
Entry Zone: 1.027 to 1.036
Stop Loss: 1.051
Targets:
TP1: 1.015
TP2: 1.000
TP3: 0.985
Invalidation:
Close above 1.051
Why This Setup:
I’m seeing a clear downtrend with lower highs and a failed bounce into the 1.03–1.04 resistance area. Price is rejecting from breakdown levels, so I prefer a short on any retest that keeps momentum below 1.05.