$XRP USDT SHORT TRADE š¦ š
BEARISH REJECTION CONFIRMED BELOW RESISTANCE ZONE š»
XRP just got rejected from a key resistance zone near 3.520, failing to hold its upward momentum. The price structure on the 15m chart shows a clear wick rejection followed by bearish engulfing ā signaling downside pressure building up. Smart traders are positioning early before the pullback deepens.
š» Trade Setup: Short Position
ā¢ Entry Zone: $3.500 ā $3.510
ā¢ Take Profit 1: $3.468
ā¢ Take Profit 2: $3.444
ā¢ Stop Loss: $3.540
ā¢ Leverage: 10x
ā¢ Risk Per Trade: 2-3% of wallet
š Market Outlook:
Momentum is fading after a sharp rally, with resistance at 3.520 proving too strong to break. As long as XRP trades below this level, expect further weakness toward the 3.44 demand zone. Bears have a short-term edge unless volume reverses significantly.
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buy and trade here on $XRP