$XRP /USDT – Short Trade Setup 📉🚨
XRP saw a sharp rejection from the 3.2006 region, collapsing to a low of 2.9915 before a small bounce to 3.1212. The large red candle on the 15M chart signals aggressive selling pressure, wiping out earlier gains and breaking through key intraday support. Market sentiment remains bearish, with sellers likely to defend any rebound attempts.
🔹 Entry Zone: 3.1200 – 3.1350
🎯 TP1: 3.0600
🎯 TP2: 3.0200
🎯 TP3: 2.9900
⛔ Stop Loss: 3.1650
💡 Pro Tip: If price retests and fails to close above 3.1350, it could accelerate toward the 3.00 psychological level. Use smaller position sizing due to potential high volatility in this zone.
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