$XRP /USDT short trade signal 🚦 🛑
BEARISH SETUP: SELLERS REJECTED BREAKOUT AND GRABBED CONTROL!
XRP attempted a bullish breakout above the 2.18 zone but faced heavy rejection at resistance near 2.19. The price has since retraced and is showing signs of bearish momentum, suggesting a short-term downtrend may unfold. A clean rejection wick and volume spike confirm this bearish pressure.
Trade Setup:
Short Entry: 2.1730 – 2.1800
Take Profit (TP): 2.1440
Stop Loss (SL): 2.1900
Market Outlook:
The market is currently respecting the resistance level at 2.19 and forming lower highs. A breakdown below 2.16 could accelerate bearish continuation toward the lower support zone. Traders should monitor for further bearish confirmation on lower timeframes.
Pro Tip: Always wait for price action confirmation before entering near resistance zones to avoid fake breakouts.
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