🚨 $XRP CHANNEL TOP REJECTION LOCKS IN – BEARISH DIVERGENCE FLASHING! 🔴
Entry: 1.105–1.145 ⚡
Target: 1.045 / 0.995 / 0.945 🚀
Stop Loss: 1.185 ⚠️
Each touch of the descending channel ceiling gets slapped down with shrinking volume. The 4H chart just printed a hidden bearish divergence on both RSI and MACD – price made a marginal higher high, momentum didn’t. That’s textbook exhaustion from the bulls. 📉
Volume Profile shows a dense high-volume node that’s now acting as resistance, while the 50 EMA slopes bearishly right through the entry zone. Structure remains clean lower-highs / lower-lows, and the next major liquidity pool sits well below 0.995. 🎯
This is a high-probability continuation setup with a clear risk-managed entry. 💬 Are you shorting the retest or waiting for a confirmation candle below 1.10? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #XRP #ShortSetup #Bearish #DescendingChannel #Crypto
📉 🔴
Entry: 1.105–1.145 ⚡
Target: 1.045 / 0.995 / 0.945 🚀
Stop Loss: 1.185 ⚠️
Each touch of the descending channel ceiling gets slapped down with shrinking volume. The 4H chart just printed a hidden bearish divergence on both RSI and MACD – price made a marginal higher high, momentum didn’t. That’s textbook exhaustion from the bulls. 📉
Volume Profile shows a dense high-volume node that’s now acting as resistance, while the 50 EMA slopes bearishly right through the entry zone. Structure remains clean lower-highs / lower-lows, and the next major liquidity pool sits well below 0.995. 🎯
This is a high-probability continuation setup with a clear risk-managed entry. 💬 Are you shorting the retest or waiting for a confirmation candle below 1.10? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #XRP #ShortSetup #Bearish #DescendingChannel #Crypto
📉 🔴
