$XRP USDT SHOWING EARLY SIGNS OF BEARISH REVERSAL AFTER SWING HIGH!
$XRP USDT surged to a local high of 3.3825 but is now showing signs of exhaustion with multiple red candles forming a short-term downtrend. The rejection from the top signals possible retracement unless strong buying volume re-enters.
🔻Trade Setup (Short):
Entry Zone: 3.31 – 3.34
Stop Loss: 3.39
Take Profits:
TP1: 3.27
TP2: 3.21
TP3: 3.15
Market Outlook:
Momentum is slowing after a strong run-up. Unless bulls defend the 3.27 support zone, further downside correction is expected. This setup offers a clean risk-reward for short-term scalpers.