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$ID | 1h | Breakdown Retest
Bias: Short
Entry Zone: 0.03435 to 0.03460
Stop Loss: 0.03525
Targets:
TP1: 0.03360
TP2: 0.03295
TP3: 0.03230
Invalidation:
Close above 0.03525
Why This Setup:
I’m treating this as a short continuation after the clean selloff from 0.038 and the failed bounce back into the mid-range. Price is now pressing into a tight support area, so I want either a weak retest or a rejection before continuation lower.