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⚠️ $XRP Supply Zone Reaction – Short Bias Setup
XRP is currently entering a high supply area, where bullish momentum is starting to fade. The recent upward push is showing weak continuation, suggesting buyers may be losing control near resistance.
Price action indicates possible absorption of demand, while sellers are gradually stepping in at higher levels.
📉 Trading Plan – Short $XRP
Entry Zone: 1.34 – 1.40
Stop Loss: 1.45
Take Profit 1: 1.28
Take Profit 2: 1.20
Take Profit 3: 1.12
🧠 Market Logic
Price is stalling inside a supply-heavy region
Upside momentum is not expanding strongly
Possible distribution phase forming at resistance
If rejection confirms, market may shift into broader downside correction
🎯 Key Idea
As long as XRP fails to break and hold above resistance, the structure favors a bearish rotation rather than continuation upward.
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