š Trade Setup: $XRP ā Short on Resistance Rejection
XRP failed to hold the 4H mid-range and is being squeezed back toward the lower Bollinger. MACD on 1H flipping red and RSI below 50 ā ideal short on bounce into the EMAs.
š» Short Entry: 2.24ā2.28 USDT (weak bounce into EMA/VWAP zone)
šÆ Take-Profit Targets:
TP1: 2.18 USDT ā recent support / small liquidity cluster.
TP2: 2.14ā2.15 USDT ā lower Bollinger / deeper liquidity.
š Stop-Loss: ā 2.30ā2.33 USDT (above EMA resistance / invalidation zone)
Risk:Reward ~ 1:2+
ā ļø Risk Factors: XRP can be sensitive to macro headlines and BTC correlation. If BTC flips bullish, XRP may invalidate the short quickly ā monitor BTC and total market flow.
šØ Keep size conservative; consider scaling into TP levels.
#xrp #CryptoTradingTip #BinanceFutures #ta #BinanceSquare

