💥 $XRP / USDT SHORT TRADE SETUP: Sellers Back in Control
🔹 Current Price: 3.2248
🔹 Market Structure: Price recently surged to 3.3825 but faced strong rejection. A solid red candle signals renewed selling pressure and the potential for further downside.
📍 Trade Setup (Short Bias):
• Entry Zone: 3.2300 3.2600 (on minor bounce)
• Stop Loss: Above 3.3000 (protects against fake breakouts)
• Targets:
TP1 3.1600
TP2 3.1000
TP3 3.0500
💡 Analysis: Failure to hold above 3.3800 highlights buyer exhaustion. If bearish momentum continues, $XRP could retest lower support levels. Rallies into resistance zones are likely to be met with aggressive selling.
Risk Note: Always size your position to risk 1 2% of capital and stick to your stop loss.
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