๐ $XRP USDT โ Why are we taking this SHORT?
This is an Break & Retest short setup..
Entry: 1.397
SL: 1.459
TP: 1.272
Why the SHORT?
1. Strong bearish breakdown โ XRP dropped sharply from the 1.50 area.
2. Break & retest: Price broke below the previous support area and is now retesting around 1.397.
3. Bearish rejection: The candles around the entry are struggling to reclaim the broken level...
SIMPLE REASON:
โSupport broke โ price retested the broken level โ rejection โ SHORT for bearish continuation toward 1.272.โ
Now short ๐ $XRP ๐
This is an Break & Retest short setup..
Entry: 1.397
SL: 1.459
TP: 1.272
Why the SHORT?
1. Strong bearish breakdown โ XRP dropped sharply from the 1.50 area.
2. Break & retest: Price broke below the previous support area and is now retesting around 1.397.
3. Bearish rejection: The candles around the entry are struggling to reclaim the broken level...
SIMPLE REASON:
โSupport broke โ price retested the broken level โ rejection โ SHORT for bearish continuation toward 1.272.โ
Now short ๐ $XRP ๐