$XRP faced a strong rejection from the 1.40 resistance zone after a sharp bullish push, forming a clear lower high followed by bearish momentum candles. Price failed to sustain above the key resistance and is now showing weakness with increasing selling pressure. The structure suggests a potential continuation to the downside as liquidity gets swept below recent lows.
Entry Range: 1.3850 - 1.3950
Stop Loss: 1.4080
Targets:
TP1: 1.3750
TP2: 1.3650
TP3: 1.3500
Outlook: Bearish bias remains as long as price stays below 1.40 resistance. A breakdown below 1.3750 will likely accelerate the move toward lower support zones.