$XRP 1H is sitting right under a pretty important resistance zone 👀
Price bounced from 0.9982 and is trying to recover, but the 1.0188 Supertrend is still bearish. Until XRP flips that area, I’d keep the short setup on watch.
Short Setup
Entry: 1.0120–1.0175
SL: 1.0225
TP1: 1.0030
TP2: 0.9982
TP3: 0.9900
The 1.0150–1.0188 area is the key rejection zone. If sellers step in there, another move toward the recent low becomes likely.
If XRP gets a clean 1H close above 1.0188, I’d drop the short idea and reassess.
Right now it’s a range with bearish pressure overhead, so I’d rather wait for confirmation than force an entry. 📊
#XRP
Price bounced from 0.9982 and is trying to recover, but the 1.0188 Supertrend is still bearish. Until XRP flips that area, I’d keep the short setup on watch.
Short Setup
Entry: 1.0120–1.0175
SL: 1.0225
TP1: 1.0030
TP2: 0.9982
TP3: 0.9900
The 1.0150–1.0188 area is the key rejection zone. If sellers step in there, another move toward the recent low becomes likely.
If XRP gets a clean 1H close above 1.0188, I’d drop the short idea and reassess.
Right now it’s a range with bearish pressure overhead, so I’d rather wait for confirmation than force an entry. 📊
#XRP