💥$XRP: Sell the Bounce! 📉

Entry: 1.94 – 1.99

TP1: 1.88

TP2: 1.84

TP3: 1.80

SL: 2.05

Leverage: 20–40x (risk 1–2%)

$XRP is giving us a classic relief bounce, but don’t fall for it. This rally is happening within a clear downtrend, and sellers are firmly in control. 🐻 Price action is consistently rejected below 2.05, signaling strong selling pressure. Volume confirms short covering, *not* genuine buying interest.

Spot traders, steer clear of fresh buys here. Accumulation zones around 1.82 – 1.75 offer a much safer entry point. As long as $XRP remains below 2.05, the path of least resistance is down. Trade the rejection, manage your risk, and stay disciplined.

#XRP #CryptoTrading #ShortTrade #Token2049Singapore 🚀

XRPUSDT

Perp

1.8727

+0.05%