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$XRP – SHORT
Trade Plan:
Entry: $1.40 – $1.42
SL: $1.47
TP1: $1.36
TP2: $1.32
TP3: $1.26
Why this setup?
After a strong rally, XRP is showing clear rejection near the recent high zone around $1.48–$1.50 and is now printing lower highs on the 1h timeframe. Momentum is fading and price is slipping back toward mid range support. This SHORT setup targets a pullback move as buyers lose control and early longs begin to unwind.
Debate:
Is this the start of a deeper correction, or will bulls defend the dip again?$XRP