$XRP /USDT SHORT TRADE SETUP BEARISH MOMENTUM TAKING CONTROL 💯 🔥
Current Price: 3.2094
Timeframe: 15-Minute Chart
Market Structure: Price has been rejected from the 3.3067 resistance and is forming lower highs with increasing selling pressure, pointing toward a continuation of the downtrend.
ENTRY LEVEL:
Enter short between 3.2250 – 3.2450 after a minor pullback.
STOP LOSS:
Place stop loss above 3.2700 to safeguard against false breakouts.
TARGET POINTS:
• TP1: 3.1800
• TP2: 3.1400
• TP3: 3.1050
TRADE ANALYSIS:
XRP is losing bullish strength, with strong sell volume emerging near resistance. The current market setup favors sellers, and a rejection in the entry zone could push price toward recent lows. Look for bearish engulfing candles before executing the trade.
