šØ $XRP /USDT ā Bearish Momentum Building
Price: $2.0063 š»
Timeframe: 15m
The chart is showing clear bearish continuation after a weak bounce. Sellers are still in control, and momentum favors another leg down.
š» SHORT SIGNAL (Scalp Setup)
š Entry:
š $2.0000 ā $2.0100 (Ideal entry zone after minor pullback)
šÆ Targets:
TP1: $1.9800
TP2: $1.9650
TP3: $1.9400
š Stop-Loss:
ā $2.0450
(Above previous rejection zone)
š Key Levels to Watch
Resistance: $2.0280 ⢠$2.0450
Support Zone: $1.9920 ā $1.9400
Trend: Bearish staircase with lower highs + lower lows
Signal: Strong selling pressure + weak recovery candles = continuation likely
š Market Outlook
If XRP fails to reclaim $2.03, expect further downside. Momentum is currently in favor of shorts until a strong reversal candle appears.
