Why this setup? • SHORT bias is armed with price at the 4h entry zone (~0.02697). • RSI on the 15m is weak at 41.96, showing lack of bullish momentum. • The 1D trend is range-bound, favoring a rejection from this level for a move toward TP1 at 0.026085.
Debate: Is this a clean short setup or will the range hold again?
Price is failing to hold above the key range resistance and every push into the upper zone is getting rejected quickly, showing strong selling pressure. Buyers lack continuation strength and momentum is rolling over after the bounce, while structure remains weak below resistance. As long as XRP stays capped under this zone, downside reactions are expected to expand toward lower support levels with sellers controlling the flow.
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