26337453597 USDT Short Trading Signal 🛑 🚦

Short Trading Signal — Bull Trap on the Horizon, Reversal Zone Active 🔻

After a strong vertical rise, XRP is now showing signs of exhaustion below the resistance range at 2.1829. The price is stalling at overbought levels, forming early rejection wicks - indicating the potential for a false manipulation and setting up for a short-term pullback. Traders should be prepared to catch the reversal as momentum slows and the bulls lose strength.

📉 Trading Setup (Short Position)

• Entry Zone: 2.1600 – 2.1820

• Take Profit 1: 2.1000

• Take Profit 2: 2.0600

• Stop Loss: 2.2200

📊 Market Outlook:

The sharp rise of XRP has hit a supply zone, and the lack of continuation suggests a pullback in momentum. The Relative Strength Index is likely elevated, and previous resistance at 2.08 may act as a lure if the price reverses. A quick short trade may yield results before any potential re-accumulation.