$XRP Signal: Shorting the Fakeout
The breakout on $XRP was a trap. 📉
Price pushed aggressively but failed to hold the structure. We are seeing immediate rejection, and sellers are stepping in on every bounce. Here is the technical setup I am watching:
📉 Direction: SHORT
🚪 Entry Zone: 1.45 – 1.48
🛑 Stop Loss (SL): 1.58
🎯 Targets (TP):
1️⃣ 1.39
2️⃣ 1.33
3️⃣ 1.26
Why? The "aggressive push" had no follow-through. Price is slipping back into the prior range. If we stay below 1.48, the path to lower liquidity is open.
Are you shorting this rejection? 👇
#XRP #TradingSignals #CryptoTrading #BinanceSquare #talhablogger

XRPUSDT
Διην.
1.4199
-3.68%