Entry Price: 1.4727
••• Symbol: XRP/USDT
XRPUSDT
Perp
1.3402
+0.45%
••• Logic: Price is currently in a distribution phase following a failure to create a New High at 1.5154. We are seeing a series of Lower Highs and Lower Lows on the 15m timeframe. The most recent price action shows a Bearish Engulfing candle followed by a weak retracement that failed to reclaim the 1.4800 level. Market structure has shifted bearish as price broke below the previous minor support at 1.4750.
••• Action: SELL – Intraday
••• Pattern Detected: Displacement and Bearish Structure Shift
••• Stop Loss Price: 1.4865
••• Stop Loss Points: 0.0138
••• 90% + Confidence TP: 1.4520
••• 80% + Confidence TP: 1.4451
••• 70% + Confidence TP: 1.4313
••• TP Total Points: 0.0207
••• Signal Confidence: 82%