BEARISH Moderate breakdown retest 30M

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BEARISH Moderate breakdown retest 30M XRP / TetherUSBINANCE:XRPUSDTJonnyTradeProAnalysed chart Price has broken below a key horizontal support at 1.4300 and is currently retesting that level as resistance. Entry 1.426 Safer Entry 1.435 Stop Loss 1.444 Take Profit 1 :1.41 Take Profit 2 : 1.4 What We See Price respected a clear horizontal support zone around 1.4300 multiple times before breaking down sharply during the April 19 session. A pink resistance zone is now visible between 1.4351 and 1.4441, indicating a prior support turned resistance. The 7 and 25 EMAs have crossed bearishly and are rolling over above price, confirming short-term downward momentum. Why It Matters The support-to-resistance flip at 1.4300 is a textbook structural shift, meaning sellers are now in control at a level buyers previously defended. Any retest into the pink zone without a strong reclaim offers a high-probability short entry with a defined invalidation level. Risk Note Medium Risk Stop loss is placed above the resistance zone at 1.4441 to invalidate the setup if buyers reclaim structure. Risk no more than 1-2% of your account on this trade and wait for a confirmed rejection candle before entering. get free Tradingalerts at : Tradingpoint.ai