$XRP BULLS ARE LOSING CONTROL OF KEY SUPPORT STRUCTURE 🔥
Sellers have been stacking orders above the current zone, and each retest of the local support is met with lower buying volume. The daily candle closed weak with a long upper wick—suggesting rejection at the first sign of a bounce.
If this level fails, the next major liquidity pool sits roughly 5% lower. That is a realistic target for a continuation sweep. Do you see buyers stepping in here or does the structure need to break before a reversal can form?
Not financial advice. Always manage your risk.
#XRP #Bearish #SupportBreak #CryptoAnalysis #SwingTrading
🎯
Sellers have been stacking orders above the current zone, and each retest of the local support is met with lower buying volume. The daily candle closed weak with a long upper wick—suggesting rejection at the first sign of a bounce.
If this level fails, the next major liquidity pool sits roughly 5% lower. That is a realistic target for a continuation sweep. Do you see buyers stepping in here or does the structure need to break before a reversal can form?
Not financial advice. Always manage your risk.
#XRP #Bearish #SupportBreak #CryptoAnalysis #SwingTrading
🎯