I'm watching $XRP around $1.2962, and the recent price action is making me cautious about the upside. Buyers attempted another push toward $1.2990, but price failed to hold that area and slipped back below the MA60.

The MA60 currently sits at $1.2979, making it an important level to watch.

The chart shows repeated rejection around $1.2990, followed by weakening short-term momentum. I'm leaning toward a short setup, but I'd prefer confirmation rather than chasing the current move.

My Trade Setup (SHORT)

📍 Entry: $1.2965–$1.2979 (on a failed reclaim)

🎯 TP1: $1.2940

🎯 TP2: $1.2914

🛑 Invalidation: Sustained recovery above $1.2990.

A convincing reclaim of $1.2990 would weaken my bearish idea, especially if XRP manages to establish support above the MA60.

Volume is present, but the chart doesn't yet show a decisive breakdown. That makes confirmation important.

For now, I'm watching how XRP reacts around $1.2965 and whether sellers can maintain pressure below the moving average.

No reason to force an entry while price is still deciding its next direction.