XRP is hovering around 0.51, stuck below the 0.525 resistance and showing fading buying pressure. The pair just carved a lower swing low, confirming bearish momentum.
๐ด $XRP SHORT ๐
Entry โ $1.4030-$1.4058
Stop โ $1.4465 (-3.0%)
TP1 โ $1.3833 (+1.5%)
TP2 โ $1.3342 (+5.0%)
R/R 1:1.7 โข Confidence 64%
A clear CHoCH broke the market structure lower while bearish CVD volume backs the move. A fresh FVG aligns with a strong order block, and the POI confluence of the OB and FVG locks in the short bias.
A 3.0% stop loss is roughly 0.015 on price, which at 5x leverage limits risk to about 0.6% of the account, making it a tight stop for this setup.
Take partial profit at the first target near 0.495 to lock in early gains.
Not financial advice โ trade only what you can afford to lose ๐
$XRP #XRPUSDT #xrpledgerpatchesxrpcreationbug #TradingSignals #Write2Earn
๐ด $XRP SHORT ๐
Entry โ $1.4030-$1.4058
Stop โ $1.4465 (-3.0%)
TP1 โ $1.3833 (+1.5%)
TP2 โ $1.3342 (+5.0%)
R/R 1:1.7 โข Confidence 64%
A clear CHoCH broke the market structure lower while bearish CVD volume backs the move. A fresh FVG aligns with a strong order block, and the POI confluence of the OB and FVG locks in the short bias.
A 3.0% stop loss is roughly 0.015 on price, which at 5x leverage limits risk to about 0.6% of the account, making it a tight stop for this setup.
Take partial profit at the first target near 0.495 to lock in early gains.
Not financial advice โ trade only what you can afford to lose ๐
$XRP #XRPUSDT #xrpledgerpatchesxrpcreationbug #TradingSignals #Write2Earn