$XRP showing strong bearish pressure after failing to hold above 1.49 and I’m seeing a clear continuation structure forming on the 1H chart.

Price topped near 1.494 and since then every bounce has produced a lower high. The recent impulse candle broke cleanly into 1.387 liquidity. The small bounce from 1.387 looks reactive, not reversal strength. Sellers are in control unless structure shifts.

I’m treating this as a bearish continuation setup.

Market Read
I’m seeing consistent lower highs.
Breakdown below 1.44 confirmed weakness.
Rejections around 1.43–1.44 show supply dominance.
Momentum expands on red candles, contracts on green.
No strong reclaim of 1.45 psychological zone.

Bias remains bearish unless 1.46+ is reclaimed with strength.

Entry Point
Primary short entry: 1.425 – 1.445 (retest of supply zone)
Breakdown entry: Clean move below 1.380 with confirmation

Target Points
TP1: 1.360
TP2: 1.330
TP3: 1.295

Stop Loss
1.468 (structure reclaim invalidates bearish thesis)

How It’s Possible
I’m expecting a weak corrective bounce toward 1.43–1.44. If sellers defend that zone again, downside liquidity below 1.38 becomes the magnet. Once 1.380 breaks with momentum, stops below 1.36 get triggered and volatility expands lower. Structure favors continuation because buyers failed to hold prior consolidation and supply keeps stepping down.

If price reclaims 1.468 with strong volume and holds, then bearish structure breaks and bias flips.

Risk Management
I’m entering on retest, not chasing breakdown candles. I’ll add only after rejection confirms. Structure first, emotion last.

Let’s go and Trade now $XRP ‌