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$XRP is encountering overhead supply once more. 📉 The current bounce appears corrective rather than impulsive.
Here is a potential short trading plan for $XRP:
Entry: 1.35 – 1.39
SL: 1.45
TP1: 1.29
TP2: 1.22
TP3: 1.15
$XRP is currently reacting around previous breakdown structure, with its recovery lacking strong expansion. Each attempt to push higher faces significant sell pressure.
Momentum isn't convincingly shifting back to buyers, suggesting more distribution than accumulation at this level. As long as the current lower high holds, a continuation to the downside remains the higher probability path. 📉
Trade $XRP here 👇
(XRPUSDT)
Here is a potential short trading plan for $XRP:
Entry: 1.35 – 1.39
SL: 1.45
TP1: 1.29
TP2: 1.22
TP3: 1.15
$XRP is currently reacting around previous breakdown structure, with its recovery lacking strong expansion. Each attempt to push higher faces significant sell pressure.
Momentum isn't convincingly shifting back to buyers, suggesting more distribution than accumulation at this level. As long as the current lower high holds, a continuation to the downside remains the higher probability path. 📉
Trade $XRP here 👇
(XRPUSDT)
Tuyên bố miễn trừ trách nhiệm: Nội dung bao gồm cả quan điểm của bên thứ ba, không phải lời khuyên. Có thể sử dụng nội dung do Binance Ai đưa ra nhưng không được đảm bảo. Xem Điều khoản & Điều kiện.