🚨 $XRP /USDT – Bearish Rejection Play Setting Up! 🛑🚦
XRP is testing major resistance around 2.2450 after its recent push up, but price is already flashing exhaustion signals with long wicks and selling pressure stepping in. This suggests a high-probability short setup if rejection holds.
🔻 Short Setup:
• Entry Zone: 2.2350 – 2.2400
• Take Profit 1: 2.2129
• Take Profit 2: 2.2100
• Take Profit 3: 2.2075
• Stop Loss: 2.2500
📉 Market Outlook:
Momentum is fading as XRP struggles to break through supply. If sellers confirm rejection below 2.2400, expect a strong move toward the lower support levels.
⚠️ Quick Tip: Watch for a bearish engulfing candle near resistance to confirm the entry and manage risk precisely this could trigger a quick drop if momentum accelerates.