🎯💯$XRP BEARISH CONTINUATION PATTERN – SHORT ENTRY SETUP💫👌
💞💞$XRP remains under heavy selling pressure after repeated rejections near the upper resistance channel. The downtrend structure is intact with lower highs and lower lows, while MACD stays below the signal line and RSI confirms sustained bearish momentum. Price action below the$ 200 EMA further strengthens the downside bias.
Entry: Short position around retracement to $0.53–0.55 zone
Targets (TP): $0.48 / $0.44 / $0.40
Stop Loss (SL): Above $0.57 resistance
Risk Management: Risk only 1–2% of total equity per trade and trail SL after first TP is reached to secure profits and reduce exposure.
#TechnicalAnalysiss #cryptotrading #BearishSetup #XRPAnalysis #MarketTrend $XRP
