$XRP 🔮 XRP/USDT — BEARISH SETUP 📉 ⚠ SHORT OPPORTUNITY | 1H TECHNICAL ANALYSIS

XRP is showing bearish pressure on the 1H timeframe. Price is trading below the Supertrend, while the $1.3035 resistance zone continues to act as a major barrier for buyers.

📊 TRADE PLAN

đŸ”» Direction: SHORT 🎯 Entry Zone: 1.2880 – 1.2960 🛑 Stop Loss: 1.3060

✅ TAKE PROFIT TARGETS đŸ„‡ TP1: 1.2800 đŸ„ˆ TP2: 1.2760 đŸ„‰ TP3: 1.2670

📉 WHY SHORT? â–Ș Price remains below the 1H Supertrend at 1.3082. â–Ș Resistance around 1.3035 has rejected price previously. â–Ș Buyers have not yet confirmed a breakout above resistance. â–Ș A breakdown below 1.2760 could open the door to further downside toward 1.2670.

⚠ ENTRY CONFIRMATION Avoid chasing the price. Look for bearish rejection near the entry zone or a confirmed breakdown with a 1H candle close.

❌ If XRP breaks above resistance with strong bullish momentum, reassess the short setup.

💎 Trade the setup, not the hype. Manage risk carefully and never enter without a defined stop loss.

👇 Are you bullish or bearish on XRP? Comment your analysis below!

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