đ» $XRP The Tower Top: When Momentum Crumbles Fast....
$XRP printed a clean tower top formation on the 4H chart, with sharp rejection near 2.23 and follow-through selling pressure. The drop is confirmed with strong red candles, hinting that bullish control has slipped for now.
đ Short Trade Setup
âą Entry Zone: 2.13 â 2.15
âą TP1: 2.06
âą TP2: 1.98
âą TP3: 1.92
âą Stop Loss: Above 2.18
Market Insight:
After a failed breakout and signs of buyer exhaustion, XRP shows all the characteristics of a topping structure. The first bearish leg has already been triggered â if bulls donât reclaim ground quickly, the path of least resistance is down.