/USDT Short Sell Signal 🔴
Rejection after weak pump — Bears regain control
$XRP just failed to hold above the resistance level of 3.5107 and is now retreating after several red candles, forming a lower high. The short-term bounce towards 3.48 looks weak, indicating a potential continuation of the downward trend.
🔻 Trade Setup:
• Entry Point: 3.4800 – 3.4860
• Stop Loss: 3.5125
• Take Profit Targets:
→ TP1: 3.4600
→ TP2: 3.4450
→ TP3: 3.4200
• Margin: 2–3% of the portfolio
• Leverage: 10x
📉 Market Outlook:
The trend is still bearish on short time frames with a clear breakdown structure. RSI divergence and failure to reclaim resistance confirm weakness. Watch for another test of the local bottom.
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