š Short Trade ā $XRP /USDT
Entry: $2.94 ā $2.97
šÆ TP1: $2.92
šÆ TP2: $2.9
šÆ TP3: $2.85
ā Stop Loss: $3.04
Current Price: $2.9482 (-1.84%)
Reason:
XRP is facing strong selling pressure after rejection from the $3.06 resistance zone. Price has slipped toward $2.94, and continued weakness could push it to $2.92 and $2.85. Market structure shows bearish momentum. Bulls need to reclaim $3.02ā$3.04. Volume confirms sellers remain in control.
Note:
Risk management is crucial ā limit exposure to 1ā2% per trade. Always place stop loss properly and manage lot size. Monitor price action and volume closely as volatility remains high.
šØ Stay Safe & Trade Smart!