ANALYTICAL SETUP
$XRP
Contract: XRPUSDT Perpetual
Current Price: $1.2284
Market: Moderately Bearish
Market Note: Higher-timeframe structure remains bullish, but 1H and 15m momentum favor further downside after the sharp rejection from $1.3440.
Direction: Short
Entry: Only after a 15m candle closes below $1.2200 and the $1.2200–$1.2250 retest is rejected.
TP1: $1.2050
TP2: $1.1900
TP3: $1.1720
SL: $1.2480
Key Levels
Main Resistance: $1.2420–$1.2520
Main Support: $1.2000–$1.2200
Trade Here: $XRP
Note: This setup reflects my personal observation based on available charts, technical indicators, and derivatives data. Market conditions can change rapidly, so outcomes may vary. Protect your capital, manage risk, trade with discipline, and DYOR.
$XRP
Contract: XRPUSDT Perpetual
Current Price: $1.2284
Market: Moderately Bearish
Market Note: Higher-timeframe structure remains bullish, but 1H and 15m momentum favor further downside after the sharp rejection from $1.3440.
Direction: Short
Entry: Only after a 15m candle closes below $1.2200 and the $1.2200–$1.2250 retest is rejected.
TP1: $1.2050
TP2: $1.1900
TP3: $1.1720
SL: $1.2480
Key Levels
Main Resistance: $1.2420–$1.2520
Main Support: $1.2000–$1.2200
Trade Here: $XRP
Note: This setup reflects my personal observation based on available charts, technical indicators, and derivatives data. Market conditions can change rapidly, so outcomes may vary. Protect your capital, manage risk, trade with discipline, and DYOR.