$XRP /USDT short trade signal ๐ฆ๐
SHORT TRADE SIGNAL ๐ป
BEARISH STRUCTURE DEVELOPING โ RETEST MAY TRIGGER DROP!
$XRP is currently trading around $2.1595, showing signs of rejection below the $2.17 level after multiple failed attempts to reclaim short-term resistance. Price action is turning bearish with lower highs and descending pressure on intraday charts.
Trade Setup (SHORT):
Entry: $2.1650 โ $2.1750
Target 1: $2.1300
Target 2: $2.1000
Stop Loss: $2.1850
Why Short?
Price has consistently failed to break above the $2.18โ$2.19 resistance zone, indicating strong selling pressure. Lower support at $2.13 is now vulnerable, especially if $2.15 is breached with volume. Bearish divergence is also forming on momentum indicators, strengthening the downside potential.
Risk Management Tip:
Use tight SL at $2.1850 to avoid fakeouts โ and trail stop once $2.1400 is reached. Donโt overleverage, as volatility around key levels remains high.
Donโt let this breakout fly without you โ enter smart, exit richer!
Ride the momentum before it fades โ profits favor the fearless!