$XRP USDT – SHORT TRADE SIGNAL AS BEARISH REJECTION KICKS IN
REJECTION FROM 2.3214 RESISTANCE
STRONG RED CANDLE INDICATES SELLING PRESSURE
Price failed to hold above recent resistance at 2.3214 and sharply reversed, forming a bearish engulfing candle on the 15m chart. A potential retracement is likely if momentum sustains downward.
Trade Setup:
Short Entry: 2.305 – 2.310
Targets (TP): 2.285 / 2.270
Stop Loss (SL): 2.322
Short Outlook:
Momentum favors bears in the short term. A break below 2.285 could accelerate further downside.
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