$XRP USDT Short
The price has formed a sequence of lower highs after failing at the upper resistance. Bounces lose momentum and each attempt to move forward is absorbed by selling, confirming a bearish bias in the short term.
Trading plan
Entry: 1.4900 – 1.4982
Stop Loss: 1.5300
Target 1: 1.4650
Target 2: 1.4350
Target 3: 1.4000
Why this scenario
The structure shows sustained weakness, and each resistance acting as a ceiling confirms selling pressure. As long as it does not break above 1.5300, the continuation toward lower supports is the preferred scenario.
The price has formed a sequence of lower highs after failing at the upper resistance. Bounces lose momentum and each attempt to move forward is absorbed by selling, confirming a bearish bias in the short term.
Trading plan
Entry: 1.4900 – 1.4982
Stop Loss: 1.5300
Target 1: 1.4650
Target 2: 1.4350
Target 3: 1.4000
Why this scenario
The structure shows sustained weakness, and each resistance acting as a ceiling confirms selling pressure. As long as it does not break above 1.5300, the continuation toward lower supports is the preferred scenario.
