$XRP /USDT ā BEARISH REVERSAL SETUP š
Timeframe: 15M ā 1H
Market Structure:
XRP has made a strong push into the 1.90ā1.91 resistance zone and is now showing rejection wicks and loss of momentum. Price is moving sideways after an impulsive leg, suggesting a potential bearish pullback / short-term reversal from supply.
š“ Short Entry
1.89 ā 1.91 (retest of resistance)
Aggressive entry on rejection below 1.88
š Stop Loss
1.93 (above supply & invalidation)
šÆ Targets
TP1: 1.86
TP2: 1.83
TP3: 1.78
š Key Levels
Major Resistance: 1.90 ā 1.93
Minor Resistance: 1.88 ā 1.89
Support: 1.86
Major Support: 1.83 ā 1.78
Trade Plan:
As long as XRP stays below 1.91, bearish pressure remains active. Take partial profits at TP1 and trail stop to breakeven.
