$XRP IS FACING A HARD REJECTION AT THE 1.11 RESISTANCE LEVEL 📉
Entry: 1.09 🔥
Target: 0.9735 🚀
Stop Loss: 1.11 ⚠️
The 1.11 level is holding firm as a major ceiling, and the recent on-chain data shows market makers shifting their positioning toward distribution. Buying pressure is drying up while the overhead supply remains heavy.
Given the current momentum, the path of least resistance is trending downward. We are looking for a clean break of the 1.03 support to confirm the next leg lower. Do you think the current support will hold or is a deeper correction incoming?
Not financial advice. Always manage your risk.
#XRP #ShortSetup #Crypto #TechnicalAnalysis
🎯
Entry: 1.09 🔥
Target: 0.9735 🚀
Stop Loss: 1.11 ⚠️
The 1.11 level is holding firm as a major ceiling, and the recent on-chain data shows market makers shifting their positioning toward distribution. Buying pressure is drying up while the overhead supply remains heavy.
Given the current momentum, the path of least resistance is trending downward. We are looking for a clean break of the 1.03 support to confirm the next leg lower. Do you think the current support will hold or is a deeper correction incoming?
Not financial advice. Always manage your risk.
#XRP #ShortSetup #Crypto #TechnicalAnalysis
🎯