$XRP / USDT — Bearish Short Setup
XrP is showing clear weakness across multiple timeframes.
Daily, 4H, and 1H charts are all bearish, with price trading below key EMAs.
Momentum is picking up to the downside.
🧠 Quick Technical View
• Trend: Bearish (aligned)
• Structure: Below all major EMAs
• 15m RSI: Staying below 50 → weakness confirmed
• 1h RSI: 27.34 (oversold) → strong selling pressure, possible breakdown
📍 Trade Setup (SHORT)
Entry:
🔻 1.9864 – 1.9916
Targets:
🎯 TP1: 1.9734
🎯 TP2: 1.9682
🎯 TP3: 1.9578
Stop Loss:
❌ 2.0046
Look for a retest near 1.989 and continuation lower.
Risk is defined — manage position size.
⚠️ Not financial advice. Trade with discipline.
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