$XRP IS REJECTING AT THE SUPPLY ZONE THAT SPARKED THE LAST DROP 🔥
Entry: 1.04 - 1.08 🔥
Target: 1.00 🚀
Stop Loss: 1.15 ⚠️
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. Declining volume on this push up signals weakening bullish momentum.
If this rejection confirms, the next leg could target liquidity beneath the recent swing low. Are you shorting this supply zone or waiting for a retest?
Not financial advice. Always manage your risk.
#XRP #ShortSetup #SupplyZone #Crypto
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Entry: 1.04 - 1.08 🔥
Target: 1.00 🚀
Stop Loss: 1.15 ⚠️
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. Declining volume on this push up signals weakening bullish momentum.
If this rejection confirms, the next leg could target liquidity beneath the recent swing low. Are you shorting this supply zone or waiting for a retest?
Not financial advice. Always manage your risk.
#XRP #ShortSetup #SupplyZone #Crypto
⚡