🔻 $XRP REJECTED AT RESISTANCE — SELLERS HOLD THE KEYS TO THE NEXT DROP 💣
Entry: 1.0650 ⚡
Target: 1.0610 / 1.0580 / 1.0547 🎯
Stop Loss: 1.0700 🛑
XRP keeps kissing the underside of resistance while buyers fail to defend recent inversion levels. 📉 Each retest of this supply zone has produced lower highs — a textbook tell that institutional sellers are feeding passive bids. If 1.0650 rejects with conviction, the path to 1.0610 is the first target, with deeper liquidity resting at 1.0580 and 1.0547.
Volume confirms the bearish pressure, but confirmation is everything. Waiting for a clean rejection candle before entering improves the risk profile on this short. 🔍 Also watching $DEXE and $GIGGLE for similar structural breakdowns. 💬 Do you fade this bounce or wait for a close below last week's low? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #XRP #ShortSetup #Bearish #Crypto
🐻 📉
Entry: 1.0650 ⚡
Target: 1.0610 / 1.0580 / 1.0547 🎯
Stop Loss: 1.0700 🛑
XRP keeps kissing the underside of resistance while buyers fail to defend recent inversion levels. 📉 Each retest of this supply zone has produced lower highs — a textbook tell that institutional sellers are feeding passive bids. If 1.0650 rejects with conviction, the path to 1.0610 is the first target, with deeper liquidity resting at 1.0580 and 1.0547.
Volume confirms the bearish pressure, but confirmation is everything. Waiting for a clean rejection candle before entering improves the risk profile on this short. 🔍 Also watching $DEXE and $GIGGLE for similar structural breakdowns. 💬 Do you fade this bounce or wait for a close below last week's low? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #XRP #ShortSetup #Bearish #Crypto
🐻 📉