$XRP

XRP
XRPUSDT
1.9897
-9.51%

Market Structure:

XRPUSDT is showing clear signs of bearish continuation after multiple failed attempts to break above recent resistance levels. Price action remains compressed below a declining structure, indicating sellers maintain dominance. Momentum on lower timeframes confirms sustained downward pressure with weak bounce reactions.

Key Observations:

Persistent lower highs across intraday frames reinforce bearish bias.

Volume inflow favors selling, suggesting distribution rather than accumulation.

No strong reversal signals detected; trend remains tilted downward.

SHORT ENTRY ZONE

Entry: Consider shorts on pullbacks into nearest resistance clusters where previous breakdowns occurred.

Take-Profit Targets:

TP1: Immediate support level from recent intraday wick

TP2: Deeper support zone aligned with 4h structure

TP3: Major liquidity zone at lower timeframe demand

Stop-Loss:

Place SL above the nearest structural invalidation where bearish trend would break.

RISK MANAGEMENT

Risk 1–2% per trade, maintain disciplined SL placement, and avoid oversized positions during elevated volatility.

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