Desk is short $XRP from 1.2517.

📉 The 18:00 close fell 3.53% on 221.0M USDT volume, with taker buying at just 46.9%.
🔍 One-hour OI contracted 1.05% after the spike while funding remained modestly positive—the failure signal behind the thesis.

⚡ Hard invalidation: 1.348
🎯 Targets: 1.205, then 1.135

This post is the receipt; the close will be posted too, win or lose.

Does 1.205 trade before 1.348? Bookmark both levels.

#Altcoins #TechnicalAnalysis #OpenInterest #Write2Earn

Not financial advice. DYOR.