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$XRP – Sharp Rejection from Resistance | Short-Term Selling Opportunity
The price shows a clear rejection from a major resistance area after a strong bullish wave during the session. If buyers fail to break through this area, the bearish scenario becomes the most likely, with increasing selling pressure in the short term.
Trade Setup: Sell (Maximum Leverage 20x)
· Entry Zone: 1.0700 – 1.0730
· Stop Loss: 1.0785
· Take Profit Targets:
· TP1: 1.0620
· TP2: 1.0560
· TP3: 1.0500
Note: Risk management is advised given sharp market volatility.
$XRP XRPUSDT Current Price: 1.0711 (+2.43%)%0.85