$XRP continues to print lower highs, signaling a clear bearish market structure. Distribution appears active near resistance, and the deviation in the 1.43–1.48 zone strengthens the case for potential downside continuation.
📊 Trade Setup (SHORT):
Entry Zone: 1.43 – 1.48
Stop-Loss: 1.52
Targets:
TP1: 1.38
TP2: 1.32
TP3: 1.25
Technical Reasoning:
• Consecutive lower highs → bearish trend structure
Resistance holding firm
• Deviation above resistance suggests liquidity grab
• Potential move toward lower support zones
If price fails to reclaim and hold above 1.50–1.52 with strength, bearish pressure remains dominant.
⚠️ Manage risk carefully and monitor volume for confirmation of continuation.