$XRP — Rejected at the Spike High 👀
$XRP gave us a strong bounce after sweeping liquidity around $1.33, but the move into $1.42 got slapped back fast. That long upper wick says it all — sellers are defending that resistance hard.
On the 1H chart, structure still shows lower highs. This looks more like a relief rally losing steam than a fresh breakout.
📉 Short Setup on $XRP
Entry: $1.38 – $1.41
TP1: $1.35
TP2: $1.33
TP3: $1.30
SL: $1.44
As long as $1.42 keeps rejecting, continuation toward $1.33 makes sense.
But if price breaks and holds above $1.44, the setup is invalid — no ego in trading, just execution.
Stay disciplined. Let the levels do the talking. 💸

XRP
1.3743
+3.85%