XRP is battling a steep downtrend, hugging the 0.50 resistance. Fresh weakness after the latest pull‑back keeps the bears in control.
🔴 $XRP SHORT 📉
Entry → $1.0941-$1.0963
Stop → $1.1281 (-3.0%)
TP1 → $1.0788 (+1.5%)
TP2 → $1.0404 (+5.0%)
R/R 1:1.7 • Confidence 64%
The market structure broke lower highs (CHoCH) while CVD turned negative, confirming sell pressure. A fair‑value gap lines up with an order block, creating a POI confluence that pushes the short bias.
A 3.0% stop‑loss is relatively tight on this swing, so a max of 5‑10x leverage keeps risk in check.
Take half at the first target around 0.48 to lock in early gains.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$XRP #XRPUSDT #THORChain #TradingSignals #Write2Earn
🔴 $XRP SHORT 📉
Entry → $1.0941-$1.0963
Stop → $1.1281 (-3.0%)
TP1 → $1.0788 (+1.5%)
TP2 → $1.0404 (+5.0%)
R/R 1:1.7 • Confidence 64%
The market structure broke lower highs (CHoCH) while CVD turned negative, confirming sell pressure. A fair‑value gap lines up with an order block, creating a POI confluence that pushes the short bias.
A 3.0% stop‑loss is relatively tight on this swing, so a max of 5‑10x leverage keeps risk in check.
Take half at the first target around 0.48 to lock in early gains.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$XRP #XRPUSDT #THORChain #TradingSignals #Write2Earn