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📉$XRP / USDT (SHORT) 🚨
Strategy: Resistance Rejection / Mean Reversion
Risk Level: Moderate ⚠️
⚡ ENTRY: $1.902 (Market Price)
🔒 STOP LOSS: $1.955 (Strict)
🎯 TAKE PROFIT TARGETS:
* TP 1: $1.870 (Secure 25% Profit)
TP 2: $1.850 (Final Target)
📝 ANALYST NOTES: * Technical Bias: $XRP is showing a clear rejection after a high fair value gap was filled near the $1.92 zone. The price is struggling to maintain its footing above the $1.90 psychological resistance, signaling a potential move back to the local liquidity pool.
Momentum: We are seeing a "SFP" (Swing Failure Pattern) at the recent local high. RSI is rolling over from the overbought region on the 15min timeframe, confirming that sellers are stepping back in.
Risk/Reward ($RR$): 1:1.1. While the target is tight, the high probability of a retest of the $1.84 support makes this a solid scalp.
Leverage Tip: Recommended 10x - 20x Isolated (Scalp Trade).
💡 Pro Tip:
If the price reaches $1.87, move your Stop Loss to Break Even. $XRP is highly sensitive to news right now, so protecting your capital is priority #1.