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$DYDX | 1H | Breakdown Short
Bias: Short
Entry Zone: 0.1230 to 0.1234
Stop Loss: 0.1270
Targets:
TP1: 0.1202
TP2: 0.1182
TP3: 0.1153
Invalidation:
Close above 0.1270
Why This Setup:
I’m shorting the failed recovery near the broken support area, with price making lower highs and losing momentum into the next downside leg. I want continuation below the recent intraday floor, where liquidity sits just underneath and a clean retest could trigger a quick follow-through move.