XRPUSDT Perpetual | Bearish Trend Continuation | Short Position

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XRPUSDT Perpetual | Bearish Trend Continuation | Short PositionXRPUSDT Perpetual ContractBYBIT:XRPUSDT.PsaimabdOn the 4H timeframe, XRPUSDT remains in a clear bearish trend, consistently forming lower highs and lower lows. The overall market structure indicates sustained selling pressure, supporting a bearish directional bias. After establishing the higher timeframe bias, I moved to the 5M chart for execution. The lower timeframe also displayed a bearish structure, with successive lower highs and lower lows and no significant bullish divergence on the RSI. With both timeframes aligned, I executed a short position, anticipating further downside continuation. Trade Details Entry Price: 1.1839 Stop Loss: 1.2043 Take Profit: 1.1667 Risk to Reward: Approximately 1:1 Note: The analysis was conducted on the 4H timeframe, while execution took place on the 5M timeframe. Since TradingView does not allow me to publish 5M charts, I am sharing the 4H chart to illustrate the broader bearish market structure and directional bias. This analysis is being published slightly later than intended, and approximately 50% of the anticipated move has already materialized at the time of posting.