⚠️ Is the market shaving long positions again? Breakdown of the situation by $XRP !
While the crowd hopes for a quick rebound and buys falling knives, large players continue to push their line.
📉 Trading setup for XRP:
Entry Zone: 1,3650 – 1,3750 (waiting for a return to the premium range and a test of the bearish Order Block).
TP: 1,2800 (aiming to sweep liquidity at key support levels).
SL: Above 1,3850. A close above this level will break the structure and invalidate the scenario.
On higher timeframes (4h and 1h), as well as on the lower one (15m), the market structure remains strictly bearish.
Order Flow priority clearly indicates the sell zone — we trade only in line with the trend.
After an impulsive break downward, the price tests intermediate resistance zones, creating ideal conditions to build short positions.
🧠 Summary: Don’t try to catch falling coins against the global trend — it’s a direct path to a margin call.
Wait for the resistance-zone test and take your move along the trend.
👇
#xrp #cryptotrading #TechnicalAnalysis
While the crowd hopes for a quick rebound and buys falling knives, large players continue to push their line.
📉 Trading setup for XRP:
Entry Zone: 1,3650 – 1,3750 (waiting for a return to the premium range and a test of the bearish Order Block).
TP: 1,2800 (aiming to sweep liquidity at key support levels).
SL: Above 1,3850. A close above this level will break the structure and invalidate the scenario.
On higher timeframes (4h and 1h), as well as on the lower one (15m), the market structure remains strictly bearish.
Order Flow priority clearly indicates the sell zone — we trade only in line with the trend.
After an impulsive break downward, the price tests intermediate resistance zones, creating ideal conditions to build short positions.
🧠 Summary: Don’t try to catch falling coins against the global trend — it’s a direct path to a margin call.
Wait for the resistance-zone test and take your move along the trend.
👇
#xrp #cryptotrading #TechnicalAnalysis
