📉 $XRP — Strong Bearish Short Setup | Sellers Defending Resistance! 🔻
SHORT 🔴
📍 Entry Zone: $1.250 – $1.260
🛑 Stop Loss (SL): $1.282
🎯 Take Profit Targets:
- TP1: $1.240
- TP2: $1.230
- TP3: $1.220
- Final TP: $1.200
📉 Market Analysis:
XRP is facing strong selling pressure around the $1.255–$1.275 resistance zone. If buyers fail to push through this area, another rejection could give sellers an opportunity to regain control and drive price toward lower support levels.
The planned entry zone sits near the resistance area, making price action and confirmation especially important. Continued weakness could open the way toward $1.240 and $1.230, with $1.200 as the final downside objective.
🔑 Key Levels:
- Major resistance: $1.255–$1.275
- Short-entry zone: $1.250–$1.260
- Intermediate targets: $1.240–$1.220
- Major downside support: $1.200
- Bearish invalidation: $1.282
⚠️ Risk Note: Wait for clear rejection or bearish confirmation around the entry zone. A sustained move above $1.282 invalidates this setup. Use disciplined position sizing and avoid chasing sudden price moves.
Bearish bias while resistance holds and sellers remain in control. 📉
Sell and Trade $XRP here 👇
DYOR.
SHORT 🔴
📍 Entry Zone: $1.250 – $1.260
🛑 Stop Loss (SL): $1.282
🎯 Take Profit Targets:
- TP1: $1.240
- TP2: $1.230
- TP3: $1.220
- Final TP: $1.200
📉 Market Analysis:
XRP is facing strong selling pressure around the $1.255–$1.275 resistance zone. If buyers fail to push through this area, another rejection could give sellers an opportunity to regain control and drive price toward lower support levels.
The planned entry zone sits near the resistance area, making price action and confirmation especially important. Continued weakness could open the way toward $1.240 and $1.230, with $1.200 as the final downside objective.
🔑 Key Levels:
- Major resistance: $1.255–$1.275
- Short-entry zone: $1.250–$1.260
- Intermediate targets: $1.240–$1.220
- Major downside support: $1.200
- Bearish invalidation: $1.282
⚠️ Risk Note: Wait for clear rejection or bearish confirmation around the entry zone. A sustained move above $1.282 invalidates this setup. Use disciplined position sizing and avoid chasing sudden price moves.
Bearish bias while resistance holds and sellers remain in control. 📉
Sell and Trade $XRP here 👇
DYOR.
