$XRP /USDT short trade signal 🚦 🛑
BEARISH REJECTION AT RESISTANCE — SHORT OPPORTUNITY UNFOLDING!
Price action on $XRP/USDT shows a clear rejection from the horizontal resistance zone around 2.3755, with a visible bearish engulfing pattern forming at that level. The price failed to close above this key resistance, suggesting sellers are regaining control after a relief rally. Volume spike followed by bearish candles reinforces the downward pressure.
Trade Setup: (Short Position)
Entry: 2.3740
Take Profit: 2.3260
Stop Loss: 2.4000
Market Outlook:
If bears maintain momentum below 2.3755, we may see a move back to recent support zones. Watch for increased selling volume and weak bullish attempts as confirmation of continuation. Protect gains with trailing SL if price nears target.
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