CoinQuest
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🛑 $XRP /USDT Bears Lock In Breakdown Momentum! ⚡
$XRP /USDT has broken decisively below its intraday support near 2.1800, confirming bearish pressure with strong rejection wicks forming above. Sellers are firmly in control, and the lower-high structure points toward continued downside if price stays capped under the resistance block.
Momentum is clearly bearish on the 30m chart, with lower highs and fresh lower lows strengthening the short bias.
📉 Short Trade Setup
• Entry Zone: 2.1800–2.1710 (current price 2.1713)
• Target 1: 2.1600
• Target 2: 2.1500
• Target 3: 2.1350
• Stop Loss: Hold in spot & hold till near resistance
📌 Key Insight: Breakdowns after failed reclaim attempts above resistance often trigger sharp downside extensions manage your size and trail stops as the move develops!
$XRP /USDT has broken decisively below its intraday support near 2.1800, confirming bearish pressure with strong rejection wicks forming above. Sellers are firmly in control, and the lower-high structure points toward continued downside if price stays capped under the resistance block.
Momentum is clearly bearish on the 30m chart, with lower highs and fresh lower lows strengthening the short bias.
📉 Short Trade Setup
• Entry Zone: 2.1800–2.1710 (current price 2.1713)
• Target 1: 2.1600
• Target 2: 2.1500
• Target 3: 2.1350
• Stop Loss: Hold in spot & hold till near resistance
📌 Key Insight: Breakdowns after failed reclaim attempts above resistance often trigger sharp downside extensions manage your size and trail stops as the move develops!
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