📊 XRP/USDT – 5m Chart
A clear Head and Shoulders pattern is forming, with the price now testing resistance near the right shoulder.
Resistance Zone: 3.124 – 3.128
Support Zone (Neckline): 3.110 – 3.114
Pattern Implication: If the neckline breaks, a short move could accelerate toward the next support levels.
Bot Signal: Partial Sell (40%) due to weak trend, high ADX, and RSI near overbought zone.
🔍 Short Scenario:
Entry: Below 3.110
Stop-Loss: Above 3.128
Target: 3.090 – 3.080 (first zone)
⚠️ Always manage your risk — pattern confirmation comes only after a decisive break below the neckline.