🟥 $XRP USDT Rejected From Resistance – Bearish Move Brewing 🔻
$XRP surged sharply but got rejected near the $2.20 zone. The rejection candle around $2.2032 confirms seller strength at a key resistance. A retracement is likely as bulls lose momentum.
📉 Short Trade Setup (Bearish):
• Entry Zone: $2.1360 – $2.1375
• Take Profit 1: $2.0880
• Take Profit 2: $2.0480
• Take Profit 3: $2.0080
• Stop Loss: $2.2032
This looks like a classic lower-high formation near resistance. Monitor volume drop and candle closes under $2.12 for confirmation.
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