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🚨 Sell trade on $XRP – Rejection at resistance zone! 🚨
📍 Entry point: 1.1006 USD
🎯 First target: 1.0850 USD
🛑 Stop loss: 1.1150 USD
The sell trade was executed exactly at the resistance rejection zone near 1.10 USD. The price structure is clear here — failure to break this level often pushes sellers back towards the order block below.
🔻 Additional targets:
1.0700 USD ← 1.0500 USD (if momentum accelerates)
⚖️ Risk-to-reward ratio:
The first target offers a 1:1 ratio, with additional room to move if the decline continues.
📊 Timing and volume:
The correction is still in its early stages — confirmation of trading volume will be crucial to see if sellers will take control or buyers will return.
🧠 Did you enter a sell at this rejection, or are you waiting for a deeper retest?
⚠️ Alert: This is not financial advice. Always manage your own risk.
#$XRP #ShortSetup #Rejection #Pullback #CryptoTrading