$XRP /USDT – SHORT TRADE SETUP
$XRP rallied to a high of 2.9285 but failed to sustain momentum, now consolidating around 2.8814 with bearish pressure building on the 4H chart. The formation of rejection candles after a sharp pump signals a possible pullback, with immediate support seen at 2.82 – 2.80. A breakdown below this zone could drag price further toward 2.75.
Trade Setup (Short):
Entry: 2.88 – 2.90
Targets (TP): 2.82 / 2.80 / 2.75
Stop Loss (SL): Above 2.93
Bulls are losing steam after the rally, giving bears an opportunity to take control in the short term.