📈 $XRP Faces Rejection at $2.3010 — Short Trade in Play 📉

XRP climbed toward $2.30 but got swiftly rejected, forming a lower high structure on the 15M chart. Price now consolidates at $2.23, hinting at bearish momentum taking over.

Current Price: $2.2332

24H High / Low: $2.3010 / $2.1415

24H Volume: 275.98M XRP

1H Chart Analysis:

Strong rejection candle at $2.30

SAR flipped bearish at $2.1998

Momentum fading with lower highs

Short Trade Plan:

Entry Zone: $2.23 – $2.25

Final Target: $2.15

Stop Loss: $2.31

Why This Setup Makes Sense:

After hitting resistance, XRP is showing weakness with rejection wicks and declining volume. Risk-reward favors short scalps.

Risk Strategy:

Secure partial profits near $2.18, trail remainder toward final target.

Take short trade here on $XRP

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