$XRP
/USDT BEARISH PULLBACK CONTINUATION
XRP has shifted into a bearish corrective phase after a strong rejection from the upper supply zone. Price is forming lower highs on intraday timeframes, indicating weakening bullish momentum. Failure to hold above key structure support has turned it into resistance, increasing the probability of further downside toward major demand areas.
Trade Plan – SHORT
Entry Zone:
• Short on pullback into the resistance / supply region
Targets:
• TP1: First demand support zone
• TP2: Major structure support
• TP3: Deep liquidity sweep near range lows
Stop Loss:
• Above the recent swing high / bearish structure invalidation
Bias:
Bearish as long as price remains below reclaimed resistance and structure stays weak.
Risk Management:
Risk a small fixed percentage per trade, take partial profits at each target, and trail stop to breakeven after TP1.
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