$XRP is overextending into a heavy supply zone. The bulls are running out of steam at these highs.
SHORT $XRP
Entry: 1.49 – 1.54
SL: 1.62
TP1: 1.37
TP2: 1.30
TP3: 1.23
Rallied straight into a bearish order block and fair value gap where sellers are starting to stack orders. With a clear SMT divergence showing a loss of momentum and sell-side liquidity resting completely untapped below, the setup for a deep retracement is locked in. A failure to clear this resistance will likely trigger a fast move down as the market seeks a fresh balance at lower levels.
Trade $XRP here 👇
