🎯 BREAKDOWN AND BEARISH CONTINUATION: $XRP $USDT (Perpetual Futures)
📊 Status: Support Breakdown Confirmed / Looking for a Re-test
📈 Direction: Sell / Short (Short - 10x Isolated)
📌 Key Levels:
Current Price: $1,3468 USDT
New Local Low: $1,3422 USDT
Planned Re-test Zone (Resistance): $1,3580 - $1,3610 USDT (MA7 on 1H/15M)
🛡️ Risk Management:
Take Profit (TP): $1,3200 USDT
Stop Loss (SL): $1,3690 USDT
🧠 Tactical Note:
The selling volume confirming the breakdown (15,6M XRP) validated the dominant direction. We’re not selling at the candle’s low; we’re staying disciplined and waiting for a pullback to the invalidation level to place the Limit order with an optimal R:R. 📉🛡️⚡
📊 Status: Support Breakdown Confirmed / Looking for a Re-test
📈 Direction: Sell / Short (Short - 10x Isolated)
📌 Key Levels:
Current Price: $1,3468 USDT
New Local Low: $1,3422 USDT
Planned Re-test Zone (Resistance): $1,3580 - $1,3610 USDT (MA7 on 1H/15M)
🛡️ Risk Management:
Take Profit (TP): $1,3200 USDT
Stop Loss (SL): $1,3690 USDT
🧠 Tactical Note:
The selling volume confirming the breakdown (15,6M XRP) validated the dominant direction. We’re not selling at the candle’s low; we’re staying disciplined and waiting for a pullback to the invalidation level to place the Limit order with an optimal R:R. 📉🛡️⚡