$XRP /USDT - SHORT SIGNAL 📉🔻
Entry Zone: 1.6150 - 1.6200
Target 1 (TP1): 1.5800 ✅
Target 2 (TP2): 1.5400 🎯
Stop Loss (SL): 1.6550 ⛔
Signal Rationale:
· Price is trading below EMA(99) 📍 with EMAs flattening, signaling weak momentum
· Daily chart shows consistent downtrend across all timeframes (7D to 1Y) 📊
· Volume is low relative to recent averages, confirming lack of buying interest 📉
· Price is hovering near the lower end of recent range, with bearish structure intact 🔻
Timeframe: 4H - 1D ⏰
Risk/Reward: ~1:3 ⚖️
Note:
· Watch for a break below 1.6050 for confirmation 👀
· SL can be tightened to 1.6450 if bearish momentum builds 🔐
Trade safely and always manage your risk! 🛡️🔥
XRP
1.6061
-0.83%
#XRP #Ripple #Crypto #TradingSignal #ShortTrade #bearish