šØ $XRP / USDT ā SHORT TRADE ALERT! šØ
$XRP has shown clear rejection near the $3.05 resistance, where strong selling pressure kicked in. Price slipped below $2.98, confirming bearish momentum building up. This signals a short opportunity as sellers look to push the market lower toward key supports. š
š Trade Setup (Short):
Entry: 2.9781
TP1: 2.9460 šÆ
TP2: 2.9060 šÆ
TP3: 2.8466 šÆ
Stop Loss: 3.0343
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š Market Insight:
The rejection at $3.05 shows sellers defending resistance strongly.
Falling under $2.98 is a red flag for bulls and a green light for shorts.
Momentum is shifting bearish with potential acceleration if $2.95 breaks down.
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ā” Risk Management:
Risk only 3ā5% of capital to stay safe.
Once TP1 is hit, move your SL to entry to secure profits.
Watch the volume closely: if selling pressure spikes below $2.95, a sharper drop toward $2.84 becomes highly probable.
š„ Conclusion:
Bulls failed to hold the highs ā sellers are back in control. This short setup offers a clean, high-probability play with tight risk control. Stay alert ā $XRP volatility could deliver quick profits! šš
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