$XRP Setup 2: Short Position (Bearish Bet)
This setup assumes the recent rejection from 1.3268 means momentum has shifted downward, and XRP will head back toward its session lows.
Entry Price: 1.3151 (Current market price)
Stop-Loss (SL): 1.3275
Rationale: Placed just above the recent local rejection wick high of 1.3268.
Risk: 1.3275 - 1.3151 = 0.0124
Take-Profit (TP): 1.2903
Calculation for 1:2 Ratio: 1.3151 - (2 \times 0.0124) = 1.2903
Rationale: Anticipates a breakdown below the 1.3022 floor into deeper liquidity.