🚀 Coin Name: XRP
📈 Direction: SHORT
🎯 Entry Range: $1.0660 – $1.0750
🛑 Stop Loss: $1.0920
🎯 Take Profit 1: $1.0450
🎯 Take Profit 2: $1.0220
🎯 Take Profit 3: $0.9950
⚠️ Risk Rating: Medium
📊 Market Analysis:
The recent $23.274K long liquidation signals that leveraged bulls were forced out, giving sellers a short-term advantage. XRP is struggling to reclaim resistance around the $1.08–1.09 region, while momentum continues to favor the downside. Key support sits near $1.04, followed by stronger demand around $1.02. A rise in selling volume would reinforce the bearish trend and increase the probability of reaching lower targets. However, a decisive close above the stop-loss zone would invalidate the setup and shift momentum back toward buyers.
