XRP/USDT is showing signs of bearish order flow on the 15-minute timeframe after a liquidity sweep above recent highs.
Price took out buy-side liquidity and quickly rejected, followed by a strong bearish move breaking short-term structure. This indicates a potential shift in control from buyers to sellers.
Setup Breakdown:
Liquidity sweep above recent highs
Strong bearish candle with momentum
Break of structure to the downside
Entry Plan:
Wait for price to retrace into the supply zone (origin of the bearish move).
Enter on LTF confirmation
Stop Loss:
shown on chart
Take Profit:
shown on chart
Bias:
Bearish as long as price stays below the supply zone and fails to reclaim the highs.
Disclaimer:
This trade idea is for educational purposes only. Always manage your risk and wait for confirmation before entering.