📉🐻$XRP USDT Short Setup: Descending Channel Breakdown! 🐻📉📊 Trade Setup:
🎯 Entry: $1.6186
🛑 Stop Loss: $1.7693
💰 Take Profit: $1.4025
On the 4H chart, XRP has broken down from a descending channel, confirming strong bearish continuation 📉⬇️
💡 Technical View:
• Clear lower highs & lower lows structure 📉
• Breakdown below channel support = bears in control 🐻
• Selling pressure increasing after the channel break 🔥
• $1.4025 is a key psychological & historical support 🛡️
• Bearish bias remains valid below $1.7693 ✅
⚡ Trading Tip:
4H setups move slower but are more reliable ⏳
If price reaches $1.5200, move SL to entry to lock a risk-free trade 🔐
#XRP 🔥 #Ripple 📉 #BinanceSquare #CryptoSignals 🐻 #ShortSetup $XRP
XRPUSDT
Perp
1.4291
-1.33%
🚀