📉 $XRP SHORT SETUP: Rejection at Resistance!
📊 TRADING PLAN (SHORT):
Entry Zone: 1.42 – 1.45 🟥
Stop Loss (SL): 1.52 🛑
Take Profit 1 (TP1): 1.32 🎯
Take Profit 2 (TP2): 1.25 🎯
Take Profit 3 (TP3): 1.18 🎯
🔍 MARKET ANALYSIS:
$XRP is currently testing intraday resistance, but there is a clear lack of momentum from buyers. There is heavy supply in the 1.44–1.45 zone. If rejection occurs from here, the price may rotate downwards and touch its previous support zones.
📍 Note: If the price closes above 1.52, this bearish setup will be invalid (cancelled).
💡 PRO TIPS:
Wait for a rejection candle (Wick) at resistance.
After hitting TP1, move your SL to entry price.
Avoid over-leveraging; risk management is essential.
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