$XRP đŽ XRP/USDT â BEARISH SETUP đ â ïž 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.
đ TRADE PLAN
đ» Direction: SHORT đŻ Entry Zone: 1.2880 â 1.2960 đ Stop Loss: 1.3060
â TAKE PROFIT TARGETS đ„ TP1: 1.2800 đ„ TP2: 1.2760 đ„ TP3: 1.2670
đ WHY SHORT? âȘïž Price remains below the 1H Supertrend at 1.3082. âȘïž Resistance around 1.3035 has rejected price previously. âȘïž Buyers have not yet confirmed a breakout above resistance. âȘïž A breakdown below 1.2760 could open the door to further downside toward 1.2670.
â ïž ENTRY CONFIRMATION Avoid chasing the price. Look for bearish rejection near the entry zone or a confirmed breakdown with a 1H candle close.
â If XRP breaks above resistance with strong bullish momentum, reassess the short setup.
đ Trade the setup, not the hype. Manage risk carefully and never enter without a defined stop loss.
đ Are you bullish or bearish on XRP? Comment your analysis below!
#XRP #XRPUSDT #BinanceSquareFamily g #ShortSignaln l #TechnicalAnalysise
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.
đ TRADE PLAN
đ» Direction: SHORT đŻ Entry Zone: 1.2880 â 1.2960 đ Stop Loss: 1.3060
â TAKE PROFIT TARGETS đ„ TP1: 1.2800 đ„ TP2: 1.2760 đ„ TP3: 1.2670
đ WHY SHORT? âȘïž Price remains below the 1H Supertrend at 1.3082. âȘïž Resistance around 1.3035 has rejected price previously. âȘïž Buyers have not yet confirmed a breakout above resistance. âȘïž A breakdown below 1.2760 could open the door to further downside toward 1.2670.
â ïž ENTRY CONFIRMATION Avoid chasing the price. Look for bearish rejection near the entry zone or a confirmed breakdown with a 1H candle close.
â If XRP breaks above resistance with strong bullish momentum, reassess the short setup.
đ Trade the setup, not the hype. Manage risk carefully and never enter without a defined stop loss.
đ Are you bullish or bearish on XRP? Comment your analysis below!
#XRP #XRPUSDT #BinanceSquareFamily g #ShortSignaln l #TechnicalAnalysise
