Descending Trendline Rejection $XRP USDT Short Setup
Short $XRP
Entry: 1.39 1.41
SL: 1.455
TP1: 1.381
TP2: 1.355
TP3: 1.33
Price has rallied directly into a descending trendline and horizontal resistance cluster around 1.41–1.43, where previous supply has repeatedly capped upside attempts. The bounce lacks strong continuation and is already showing hesitation beneath trend resistance. As long as XRP remains below the 1.45 invalidation level, the structure favors a rejection move back toward the lower demand zone and continuation with the broader short-term downtrend.
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