$XRP USDT – REJECTION FROM NEAR $3.00! SHORT TRADE SIGNAL
FAILED TO HOLD ABOVE $2.97
STRONG SELL CANDLES FOLLOWING VERTICAL RALLY
$XRP tapped $2.9750 and faced immediate rejection, now trading around $2.7751. The parabolic rally has stalled, and early signs of distribution are emerging, making short setups favorable in the short term.
Trade Setup (4H Timeframe):
Short Entry: $2.77 – $2.84
Targets:
TP1: $2.65
TP2: $2.52
TP3: $2.38
Stop Loss: $2.99
Market Outlook:
Momentum is fading near key resistance and any failed bounce could accelerate the downside pressure in the coming sessions.
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