🔴📉 $XRP SHORT SETUP — BEARS WATCH THE $1.0316 REJECTION! 🐻
⚡ Sellers need to defend the $1.0316 supply zone. A failed reclaim followed by a close below $1.0209 could provide a potential short confirmation.
🔴 SHORT TRADE SETUP
📍 Entry Zone: $1.0209 – $1.0316
🥇 TP1: $0.9977 (-2.8%)
🥈 TP2: $0.9864 (-3.9%)
🥉 TP3: $0.9739 (-5.1%)
🛑 Stop Loss: $1.0557 (+2.9%)
📊 Profit Management:
• Close 50% at TP1
• Close 25% at TP2
• Close 25% at TP3
• Move SL to entry after TP1
⚡ Key Confirmation: Wait for a rejection at $1.0316 and a candle close below $1.0209. A sustained reclaim of $1.0316 weakens the bearish setup.
👇 Would you wait for confirmation before entering?
🔥 Eyes on $XRP — Watch the Retest! 👈
⚠️ Personal market analysis only. NFA. Manage risk carefully.$XRP
⚡ Sellers need to defend the $1.0316 supply zone. A failed reclaim followed by a close below $1.0209 could provide a potential short confirmation.
🔴 SHORT TRADE SETUP
📍 Entry Zone: $1.0209 – $1.0316
🥇 TP1: $0.9977 (-2.8%)
🥈 TP2: $0.9864 (-3.9%)
🥉 TP3: $0.9739 (-5.1%)
🛑 Stop Loss: $1.0557 (+2.9%)
📊 Profit Management:
• Close 50% at TP1
• Close 25% at TP2
• Close 25% at TP3
• Move SL to entry after TP1
⚡ Key Confirmation: Wait for a rejection at $1.0316 and a candle close below $1.0209. A sustained reclaim of $1.0316 weakens the bearish setup.
👇 Would you wait for confirmation before entering?
🔥 Eyes on $XRP — Watch the Retest! 👈
⚠️ Personal market analysis only. NFA. Manage risk carefully.$XRP