📉 $XRP — Liquidity Accumulating Below Resistance ⚡

$XRP is trading at $1.4535 (+3.02%), showing signs of liquidity building just below the $1.50–$1.52 resistance zone. The hourly structure remains descending, and the current bounce shows weak upward momentum, suggesting sellers are still in control above key levels.

Trading Plan (SHORT/Active Position):

Entry: $1.4500 – $1.4800

Stop-Loss: $1.5200

Take-Profits:

TP1: $1.4000

TP2: $1.3600

TP3: $1.3000

Setup Rationale:

Price is moving within a descending structure.

Resistance at $1.50–$1.52 previously showed distribution.

Liquidity is concentrated above the equal highs, while sell-side imbalance remains unfilled.

If XRP confirms a bounce from this resistance, downside toward support at $1.36 is likely.

Discussion:

Traders should watch if $XRP approaches $1.50 before reversing. A strong rejection at that resistance could trigger a sharp decline, while a clean breakout with volume may delay the downside.

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