$XRP — Bearish Continuation Setup 📉
Price is showing bearish continuation after breaking below the $1.42 support zone, indicating growing selling pressure and a potential move lower.
Trade Plan
🔴 Entry Zone: $1.39 – $1.42
🛑 Stop Loss: $1.47
🎯 Take Profit Targets
TP1: $1.34
TP2: $1.28
TP3: $1.22
Market Outlook
If price fails to reclaim the $1.42–$1.38 area, sellers could maintain control and extend the move toward $1.28 and potentially $1.22.
However, a strong reclaim above $1.47 would invalidate the bearish setup and signal a possible trend reversal.
📊 Bias remains bearish while price stays below resistance.