$XRP /FDUSD – SHORT SETUP ON WEAK BOUNCE AFTER SHARP DROP

$XRP is showing signs of exhaustion after a steep decline from the 2.18 zone. The 15-minute chart reflects a weak relief bounce near 2.1383, failing to break structure and offering an ideal short opportunity.

Short Trade Setup:

• Entry: 2.1383

• Take-Profit 1: 2.1250

• Take-Profit 2: 2.1185

• Stop-Loss: 2.1544

• R/R Ratio: ~2:1

• Structure: Lower highs and increasing volume on red candles

• Key Trigger: Breakdown under 2.1350 confirms downside momentum

Sellers are stepping in — this bounce looks more like a trap than a trend.

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