$XRP - Dead cat bounce into supply after clean breakdown
Trade Plan : SHORT $XRP ENTRY: 1.377 - 1.375 SL: 1.430 TP1: 1.362 TP2: 1.348 TP3: 1.320
Structure looks completely bearish after a relief upside move price is falling back again sellers are looking very strong and price is moving down sharply .......
Trade Short Here 👇 {future}(XRPUSDT) $SAHARA #manantrades {future}(SAHARAUSDT)
The push higher stalled quickly and sell pressure showed up on the first test, suggesting this move is corrective rather than a trend shift. Momentum is rolling over again and buyers aren’t getting acceptance above this zone, keeping downside continuation in play.
H1 AND H4 Charts confirms rejection from higher high , sellers are looking strong at major supply level , price is showing strong bearish price action , price will continue falling now.....
Price taking rejection back to back after making new high and then forms a higher low back to back , sellers are trying to give us a indication of their entry and price will fall from here.......
Trade Plan : SHORT $SAHARA ENTRY: 0.0218 - 0.0216 SL: 0.0259 TP1: 0.0188 TP2: 0.0148
On the 1H structure, price went fully parabolic, leaving massive inefficiency below. The rejection wick near 0.025–0.026 signals strong supply and profit-taking from early buyers.
$XRP - Dead cat bounce into supply after clean breakdown
Trade Plan : SHORT $XRP ENTRY: 1.377 - 1.375 SL: 1.430 TP1: 1.362 TP2: 1.348 TP3: 1.320
Structure looks completely bearish after a relief upside move price is falling back again sellers are looking very strong and price is moving down sharply .......
The structure is completely bullish on H1 and H4 charts / timeframes Buyers are showing strength again after a pullback , sellers are continuously getting out of the position and price is continuously going upside , the price will continue going up....
The push higher stalled quickly and sell pressure showed up on the first test, suggesting this move is corrective rather than a trend shift. Momentum is rolling over again and buyers aren’t getting acceptance above this zone, keeping downside continuation in play.