$XRP /USDT short trade signal 🚦🛑
BEARISH REJECTION AT SUPPLY ZONE — SHORT SETUP INITIATED!
XRP has been rejected from the 2.3608 resistance zone after several failed attempts to break above. The candles are forming a lower-high structure with clear exhaustion near the top, signaling a strong bearish pressure buildup. Price is expected to drop towards the 2.3170 support range.
Trade Setup:
Entry: 2.3445
Take Profit: 2.3175
Stop Loss: 2.3608
Market Outlook:
Bulls failed to reclaim the previous high, and volume is fading around the resistance block. Unless buyers step in with volume and breakout, price action favors downside continuation. Risk-reward ratio is favorable for short scalps.
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