$XRP : When momentum collapses quickly....
A clear tower top model was drawn on the four-hour chart, with a sharp rejection near 2.23 and ongoing selling pressure. The decline was confirmed by strong red candles, indicating a retreat of bullish control at the moment.
📉 Sell trade setup
• Entry area: 2.13 - 2.15
• Take profit point 1: 2.06
• Take profit point 2: 1.98
• Take profit point 3: 1.92
• Stop loss: above 2.18
Market overview:
After the failure of the breakout and signs of buyer exhaustion, XRP shows all the characteristics of a top structure. The first bearish phase has already begun - if the bulls do not regain strength quickly, the path of least resistance will be downward.
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