๐ป $XRP /USDT SHORT TRADE SIGNAL โ SUPPLY ZONE REJECTION!
$XRP is trading around $2.2561, showing signs of rejection near the $2.3200โ$2.3400 resistance band. Despite a minor uptick, bearish pressure is visible as volume spikes fail to hold price above key levels. Lower highs and wicks on the 1H chart suggest weakening momentum.
Trade Setup (SHORT):
Entry Zone: $2.3000 โ $2.3400
Take Profit 1: $2.2000
Take Profit 2: $2.1200
Stop Loss: $2.3800
Why Short?
XRP is struggling to reclaim higher ground after tapping resistance. Repeated failures to break $2.34 and descending volume indicate a likely reversal. A clean 1H close below $2.2500 strengthens the bearish case, opening the door toward lower supports.
Risk Management Tip:
Avoid chasing entries โ let the price come to your zone. Use tight SL discipline above $2.3800 to protect capital and trail profits once $2.2000 breaks.
Donโt let this breakdown slip โ sell the rally, follow the trend, and lock in gains early on XRP!
Sell smart โ donโt chase green candles when the trend is turning red!
