🚨 XRP: Potential Short Setup Identified
Bias: Short $XRP 📉
Entry: $2.07–$2.10
SL: $2.22
TP1: $1.98
TP2: $1.90
TP3: $1.82
On the 4H chart, $XRP continues to exhibit weak reactions at lower highs. Momentum is drifting bearish, with sellers actively defending against every bounce. 📉
The Relative Strength Index (RSI) is flattening, and price is consistently failing to reclaim supply levels. This indicates sustained downside pressure for $XRP. ⚠️
This short setup remains valid as long as 4H candles stay below the $2.22 mark. Target levels are set into the high-$1.9s and low-$1.8s. 🎯
Patience is key for execution. Consider waiting for clear rejection wicks near the specified Entry zone for optimal risk management. ✅
(XRPUSDT)
