$XRP Midline Battle: Rejection or Breakthrough?
Trade Bias: Neutral-to-Bearish
🛠️ Trade Setup
📉 Short Setup:
Entry 1: $2.1960
Entry 2: $2.2150 (confirmation breakdown)
🎯 Take Profit 1: $2.1905
🎯 Take Profit 2: $2.1860
🎯 Take Profit 3: $2.1829
🎯 Take Profit 4: $2.1750
🛑 Stop Loss: $2.2530
❓ Why This Trade?
XRP is struggling at the 20-SMA midline ($2.1976) without strong bullish closes.
Bollinger Bands are flat, hinting at an upcoming volatility spike.
Recent highs near $2.1971 are acting as resistance, favoring a potential breakdown.
🔑 Key Levels to Watch
Resistance: $2.1976 (midline), $2.2124 (upper band)
Support: $2.1905, $2.1829 (lower band)
