🔴 $XRP — Futures SHORT | 6H Breakdown Setup 📉
XRP is showing bearish momentum after rejection from the 1.49–1.50 resistance area and a breakdown from the recent consolidation. A retest of the breakdown zone could offer a better SHORT entry.
📍 Entry Zone: 1.460 – 1.485
🛑 Stop Loss (SL): 1.515
🎯 TP1: 1.432
🎯 TP2: 1.400
🎯 TP3: 1.360
⚡ Futures Leverage: 10x–20x
💰 Use only 1–2% of total assets for this trade.
📊 Technical Context:
• 6H structure is turning bearish.
• Strong rejection from the 1.49–1.50 resistance zone.
• Price has broken below the recent consolidation.
• 1.432 is the immediate support.
• A retest and rejection of the entry zone would strengthen the SHORT setup.
⚠️ Don't chase the move at the current price. Wait for a retest of the entry zone and bearish confirmation before entering.
🔮 Future Trade:
If $XRP breaks below 1.432 with strong volume and holds below it, further downside toward the TP2/TP3 zone becomes more likely.
Trade $XRP Here 👇
⚠️ Not financial advice. Trade at your own risk.
#XRP #FuturesTrading #ShortSetup #altcoins #BinanceSquare
XRP is showing bearish momentum after rejection from the 1.49–1.50 resistance area and a breakdown from the recent consolidation. A retest of the breakdown zone could offer a better SHORT entry.
📍 Entry Zone: 1.460 – 1.485
🛑 Stop Loss (SL): 1.515
🎯 TP1: 1.432
🎯 TP2: 1.400
🎯 TP3: 1.360
⚡ Futures Leverage: 10x–20x
💰 Use only 1–2% of total assets for this trade.
📊 Technical Context:
• 6H structure is turning bearish.
• Strong rejection from the 1.49–1.50 resistance zone.
• Price has broken below the recent consolidation.
• 1.432 is the immediate support.
• A retest and rejection of the entry zone would strengthen the SHORT setup.
⚠️ Don't chase the move at the current price. Wait for a retest of the entry zone and bearish confirmation before entering.
🔮 Future Trade:
If $XRP breaks below 1.432 with strong volume and holds below it, further downside toward the TP2/TP3 zone becomes more likely.
Trade $XRP Here 👇
⚠️ Not financial advice. Trade at your own risk.
#XRP #FuturesTrading #ShortSetup #altcoins #BinanceSquare