📢 $XRP / USDT | 🔴 SHORT | ⭐ 70%
🎯 Target: $1.03496253. Will it reach it?
🎯 Trading levels:
🔴 Entry: $1.0515
🛑 Stop Loss: $1.0607
🏁 TP1: $1.035
🏁 TP2: $1.0258
🏁 TP3: $1.0148
📈 Analysis:
The market structure shows clear selling pressure, with lower lows and lower highs on the 4-hour timeframes. Confirmation of a recent bearish breakout reinforces the trend, while the MACD momentum indicator remains in bearish territory. With stable volatility and a liquidity imbalance tilted toward selling, sellers remain in control of the current move.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A bearish break of structure (BOS) occurs when the price moves through a previous support level, confirming the continuation of a downward trend.
#crypto #XRP #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make decisions calmly.
🎯 Target: $1.03496253. Will it reach it?
🎯 Trading levels:
🔴 Entry: $1.0515
🛑 Stop Loss: $1.0607
🏁 TP1: $1.035
🏁 TP2: $1.0258
🏁 TP3: $1.0148
📈 Analysis:
The market structure shows clear selling pressure, with lower lows and lower highs on the 4-hour timeframes. Confirmation of a recent bearish breakout reinforces the trend, while the MACD momentum indicator remains in bearish territory. With stable volatility and a liquidity imbalance tilted toward selling, sellers remain in control of the current move.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A bearish break of structure (BOS) occurs when the price moves through a previous support level, confirming the continuation of a downward trend.
#crypto #XRP #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make decisions calmly.
