🔴 $XRP /USDT | BEARISH SHORT SETUP
XRP remains under selling pressure, with price trading below the bearish 4H EMA structure. The daily chart also supports the bearish outlook, as price remains below both the 50-day and 200-day EMAs.
SHORT ENTRY 1.0345 – 1.0367
TAKE-PROFIT TARGETS
TP1: 1.0176 (-1.7%)
TP2: 1.0056 (-2.9%)
TP3: 0.9876 (-4.6%)
STOP LOSS: 1.0596 (+2.3%)
TRADE MANAGEMENT
Close 50% at TP1.
Close 25% at TP2.
Close remaining 25% at TP3.
Move SL to breakeven after TP1.
MARKET OUTLOOK
Both the 4H and daily structures favor sellers. Unless XRP reclaims key resistance levels, downside continuation remains the primary scenario.
Do you think sellers will maintain control, or could buyers trigger a recovery?
ADDITIONAL SHORT POSITIONS: $AGT and $SNDK
Trade with discipline. Wait for confirmation and manage risk carefully.
XRP remains under selling pressure, with price trading below the bearish 4H EMA structure. The daily chart also supports the bearish outlook, as price remains below both the 50-day and 200-day EMAs.
SHORT ENTRY 1.0345 – 1.0367
TAKE-PROFIT TARGETS
TP1: 1.0176 (-1.7%)
TP2: 1.0056 (-2.9%)
TP3: 0.9876 (-4.6%)
STOP LOSS: 1.0596 (+2.3%)
TRADE MANAGEMENT
Close 50% at TP1.
Close 25% at TP2.
Close remaining 25% at TP3.
Move SL to breakeven after TP1.
MARKET OUTLOOK
Both the 4H and daily structures favor sellers. Unless XRP reclaims key resistance levels, downside continuation remains the primary scenario.
Do you think sellers will maintain control, or could buyers trigger a recovery?
ADDITIONAL SHORT POSITIONS: $AGT and $SNDK
Trade with discipline. Wait for confirmation and manage risk carefully.
