$XRP /USDT Short Trade Setup 🔥💯
Current Price: $3.1151
🔻 Short Entry Zone:
Entry: $3.1200 - $3.1500
📉 Targets:
TP1: $3.0500
TP2: $3.0000
TP3: $2.9200
🔒 Stop Loss:
SL: $3.2000
📊 Key Levels & Insights:
Resistance: $3.1500 (strong supply zone)
Support: $3.0500 (initial demand zone) and $3.0000 (psychological level)
Bearish divergence detected on RSI, signaling possible trend reversal.
Watch for rejection at $3.1500 or a breakdown below $3.1000 to confirm the downtrend.
🛡️ Risk Management Tip:
Use proper position sizing to risk only 1-2% of your capital on this trade.
📈 Market Context:
If $3.2000 is breached with significant buying volume, this short setup is invalidated.
Monitor BTC/USDT for overall market sentiment, as XRP is sensitive to broader crypto market moves.
Stay disciplined and trade your plan!
$XRP
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