$XRP bears have the structure on their side, but the next support test could decide everything.
📉 $XRP SHORT SETUP
Price is trading near 1.2645, with bearish momentum across the 15m and 4h charts. The 1h RSI at 26.6 signals an already-oversold market, so watch for a retest or relief bounce before entering. Sellers dominate taker volume, while the 1h and 4h structures remain LH/LL.
🎯 Trade Levels
🔴 Entry: 1.2635–1.2660
🎯 TP1: 1.2566
🎯 TP2: 1.2495
💎 TP3: 1.2404
🛑 SL: 1.2731
⚡ Setup validity: Next 1–2 15m candles. Avoid chasing if price has already moved away from the entry zone.
The chart below shows the levels I'm watching. Tap the $XRP chart to review the setup and set alerts around your preferred entry. Wait for confirmation, and keep the stop-loss in place.
Not financial advice. This setup reflects my own analysis. Futures trading carries substantial risk, so do your own research and manage position size carefully.
#xrp #FuturesTrading
📉 $XRP SHORT SETUP
Price is trading near 1.2645, with bearish momentum across the 15m and 4h charts. The 1h RSI at 26.6 signals an already-oversold market, so watch for a retest or relief bounce before entering. Sellers dominate taker volume, while the 1h and 4h structures remain LH/LL.
🎯 Trade Levels
🔴 Entry: 1.2635–1.2660
🎯 TP1: 1.2566
🎯 TP2: 1.2495
💎 TP3: 1.2404
🛑 SL: 1.2731
⚡ Setup validity: Next 1–2 15m candles. Avoid chasing if price has already moved away from the entry zone.
The chart below shows the levels I'm watching. Tap the $XRP chart to review the setup and set alerts around your preferred entry. Wait for confirmation, and keep the stop-loss in place.
Not financial advice. This setup reflects my own analysis. Futures trading carries substantial risk, so do your own research and manage position size carefully.
#xrp #FuturesTrading