Short $XRP now.
Trade Plan:
Entry: 1.3115
SL: 1.330
TP1: 1.295
TP2: 1.275
TP3: 1.250
Why is this setup?
XRP is approaching a level where sellers may try to defend the price and pressure a pullback.
If the entry area rejects and downside momentum builds, 1.295 is the first level to watch.
Continued weakness could bring 1.275 and then 1.250 into focus.
A move above 1.330 would invalidate the bearish structure behind this idea.
Trade Plan:
Entry: 1.3115
SL: 1.330
TP1: 1.295
TP2: 1.275
TP3: 1.250
Why is this setup?
XRP is approaching a level where sellers may try to defend the price and pressure a pullback.
If the entry area rejects and downside momentum builds, 1.295 is the first level to watch.
Continued weakness could bring 1.275 and then 1.250 into focus.
A move above 1.330 would invalidate the bearish structure behind this idea.