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$XRP DOUBLE-TOP REJECTION AT $1.118 — SHORT BIAS CONFIRMED 🔥
Entry: $1.111 – $1.114 🔥
Target: $1.108 / $1.105 / $1.100 🚀
Stop Loss: $1.120 ⚠️
The $XRP double-top at $1.118 is textbook—two heavy rejections with declining volume on the second tap. That’s shorts getting comfortable and longs losing conviction. Price is already starting to sink from the entry zone.
Leverage is fine at 10-20x here because the risk is tight. Just 5-7 ticks to the stop gives you a clean 1:2 to 1:3 R:R on the first two targets. Are you shorting this rejection or waiting for a retest of the neckline?
Not financial advice. Always manage your risk.