📉 $XRP /USDT Short Setup: Bearish Momentum 📉
XRP is showing heavy selling pressure, breaking below key EMA supports on the 1H chart. 📉 The trend has turned decidedly bearish as it struggles to hold previous levels. Looking for a continuation of this breakdown. Play the trend, but watch for a relief bounce before entry. ⚠️
Trade Plan🎯
✅EP: $1.385 - $1.395 (Retest of EMA 7)
TP 1: $1.368 (Recent Low) 💰
TP 2: $1.345 💰
TP 3: $1.310 💰
🛑SL: $1.415 (Above EMA 99)
Outlook: Bearish crossover confirmed. Volume is rising on red candles, indicating sellers are in control. Trade safe! ⚡
XRP
1.3239
-1.37%