$XRP Rejected at Supply ⚠️😱
The move above $1.29 turned into a liquidity grab. XRP failed to sustain the breakout, printed a 4H lower high at $1.2883 and broke below the $1.2709–$1.2730 structure.
Today’s bounce from $1.2420 brought buyers back temporarily, but the recovery is now facing overhead supply.
Here’s the trade I’m watching:
I’m looking for sellers to defend $1.2740. That’s where the next short opportunity comes into play.
No entry at current prices. Let XRP come to the zone.
SHORT SETUP
* Entry: $1.2740
* SL: $1.2845
* TP1: $1.2530
* TP2: $1.2425
* TP3: $1.2215
🔴 $1.2800–$1.2840 — Seller’s supply zone
🟠 $1.2626–$1.2757 — 1H bearish imbalance
🟢 $1.2420 — Today’s liquidity sweep
🟢 $1.2355 — Previous sell-side liquidity
What changes the view?
A 1H close above $1.2845 invalidates the short. If XRP reclaims $1.2757 and holds, don’t force a bearish position.
The objective is to catch the next downside expansion, not sell after the move has already happened.
The move above $1.29 turned into a liquidity grab. XRP failed to sustain the breakout, printed a 4H lower high at $1.2883 and broke below the $1.2709–$1.2730 structure.
Today’s bounce from $1.2420 brought buyers back temporarily, but the recovery is now facing overhead supply.
Here’s the trade I’m watching:
I’m looking for sellers to defend $1.2740. That’s where the next short opportunity comes into play.
No entry at current prices. Let XRP come to the zone.
SHORT SETUP
* Entry: $1.2740
* SL: $1.2845
* TP1: $1.2530
* TP2: $1.2425
* TP3: $1.2215
🔴 $1.2800–$1.2840 — Seller’s supply zone
🟠 $1.2626–$1.2757 — 1H bearish imbalance
🟢 $1.2420 — Today’s liquidity sweep
🟢 $1.2355 — Previous sell-side liquidity
What changes the view?
A 1H close above $1.2845 invalidates the short. If XRP reclaims $1.2757 and holds, don’t force a bearish position.
The objective is to catch the next downside expansion, not sell after the move has already happened.
