$XRP is testing a major supply zone after its recent rebound, with bullish momentum beginning to weaken as price approaches resistance.
Trading Plan: Short $XRP
Entry: 1.43–1.49
SL: 1.58
TP1: 1.41
TP2: 1.39
TP3: 1.36
The recovery has pushed XRP into an area where sellers are showing signs of absorption. Buyers are struggling to reclaim the higher structure, keeping downside liquidity vulnerable beneath the recent lows.
If this supply zone holds and rejection strengthens, XRP could rotate lower toward the next liquidity pockets and targets. Manage risk carefully and secure partial profits as the setup develops.
DYOR (Do Your Own Research).
Trading Plan: Short $XRP
Entry: 1.43–1.49
SL: 1.58
TP1: 1.41
TP2: 1.39
TP3: 1.36
The recovery has pushed XRP into an area where sellers are showing signs of absorption. Buyers are struggling to reclaim the higher structure, keeping downside liquidity vulnerable beneath the recent lows.
If this supply zone holds and rejection strengthens, XRP could rotate lower toward the next liquidity pockets and targets. Manage risk carefully and secure partial profits as the setup develops.
DYOR (Do Your Own Research).