🚨 Sell trade on $XRP – Rejection at resistance zone! 🚨


📍 Entry point: $1.1006
🎯 First target: $1.0850
🛑 Stop loss: $1.1150
The sell trade was executed exactly at the resistance rejection zone near $1.10. The price structure is clear here — failure to break this level often pushes sellers back toward the order block below.
🔻 Additional targets:
$1.0700 ← $1.0500 (if momentum accelerates)
⚖️ Risk-to-reward ratio:
The first target offers a 1:1 ratio, with additional room to move if the decline continues.
📊 Timing and volume:
The correction is still in its early stages — confirmation of trading volume will be crucial to see whether sellers will take control or buyers will return.
🧠 Did you enter a sell at this rejection, or are you waiting for a deeper retest?
⚠️ Warning: This is not financial advice. Always manage your own risk.
#$XRP #ShortSetup #Rejection #Pullback #CryptoTrading
XRP4.66%
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