$XRP /USDT short trade signal 🚦 🛑
BEARISH REVERSAL IN PLAY — EXPECTING A RETEST DROP!
Price spiked toward the 2.44 resistance before being aggressively rejected with high volume, forming a strong wick and engulfing candle — a clear sign of seller dominance. Now it's retesting the broken support-turned-resistance zone near 2.40, which could act as a pivot for the next drop.
Trade Setup:
Entry: $2.40 - $2.42 (short zone)
Take Profit (TP): $2.36 / $2.35
Stop Loss (SL): $2.421
Market Outlook:
XRP failed to hold above key resistance and is showing signs of distribution. Unless bulls reclaim 2.42 with strong momentum, further downside is expected. Volume spike on rejection adds strength to the bearish setup.
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