🚨 Selling opportunity on XRP 🚨
It appears that the price is attracting buyers but without enough strength to continue, which reinforces the likelihood of rejection from this area 📉
📊 Trade:
🔹 Sell (SHORT): 1.41700 – 1.42240
🔹 Stop Loss: 1.43592
🔹 Targets:
TP1: 1.40348
TP2: 1.39807
TP3: 1.38726
💡 Why this idea?
- The 4H framework indicates a selling opportunity with the downtrend continuing
- The price is in a short-term resistance area around 1.41970
- Momentum on 15m is neutral (RSI ~59) allowing for a potential downside build
- Trading volume is below average, supporting the rejection scenario
⚠️ Alert:
Activating the trade depends on continued rejection from this area, and any breach above the stop loss cancels the idea