$XRP /USDT short tread signal 🚦 🔴
SHORT TRADE SIGNAL – REJECTION FROM $2.2900 HIGH, BEARISH PAUSE IN PLAY!
$XRP just printed a sharp wick from the $2.2900 peak, signaling exhaustion after a strong upward rally. The last candle failed to close above resistance and has now turned red, suggesting potential for a pullback as bulls lose momentum.
Trade Setup (SHORT):
Entry Price: $2.2640 – $2.2750
Target 1: $2.2340
Target 2: $2.2030
Target 3: $2.1710
Stop Loss: $2.2950
Why Short?
The sudden spike toward $2.2900 was met with heavy selling, leading to an upper wick and red candle on the 1H chart. Price is showing signs of reversal below the volume-weighted average level. If $2.26 breaks cleanly, sellers could push the pair back to prior consolidation levels.
Risk Management Tip:
Keep your SL firm above $2.2950. Lock in partial profits at Target 1 and trail the stop to breakeven for a stress-free ride downward.
Sell smart — don’t chase green candles when the trend is turning red!
Ride the momentum before it fades — profits favor the fearless!
Sell and Trade here on $XRP
buy and trade here on $XRP