$XRP – Rejection After Pump, Pullback Setup

Trading Plan (Short)

Entry: 1.360 – 1.375

SL: 1.400

TP1: 1.340

TP2: 1.328

TP3: 1.300

$XRP /USDT is trading around 1.361, after rejecting from the 1.395 high. On the 1H timeframe, price shows a sharp pullback followed by weak recovery, indicating fading bullish momentum.

MA7 is acting as dynamic resistance, and price is struggling to reclaim strength. A breakdown below 1.340 can accelerate downside toward MA99 zone.

This is a classic pump → rejection → continuation setup. Valid short unless price reclaims 1.395 with strength.

Trade $XRP here 👇

XRP
XRPUSDT
1.3301
-2.88%

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