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$XRP is testing a major supply zone where the latest recovery is beginning to lose strength.
Trading Plan Short $XRP
Entry: 1.04 - 1.08
SL: 1.15
TP1: 1.00
TP2: 0.95
TP3: 0.90
The rebound has carried price into a resistance area that previously sparked a strong bearish expansion. Buyers are pushing into overhead liquidity, but the inability to secure acceptance above this level suggests fresh supply is absorbing demand. If this rejection develops, the next move could rotate toward the liquidity resting beneath the recent swing structure.