Price is trading into a key supply area after a recovery bounce. Momentum expansion remains weak, and early signs of hesitation suggest sellers are stepping in — increasing the probability of downside continuation.
📉 Trading Plan: SHORT Entry: 0.95 – 0.96 Stop Loss: 1.098 (Assuming typo correction from 10.98)
🎯 TP1: 0.90 🎯 TP2: 0.80 🎯 TP3: 0.60
If supply holds, rotation toward lower liquidity becomes likely.
Break above resistance would invalidate the bearish thesis.
$XRP $BNB $SOL $HYPE reacting as expected — short structure holding.
Rallies continue to get capped, upside momentum looks corrective, and sellers are leaning on every bounce. Pressure is building, even if expansion hasn’t triggered yet.
✅ Action: Move SL to Entry on all four positions. Capital protected. Risk off the table.
From here: If downside expands → we ride it. If not → we walk away flat.