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#XRP /USDT – Breakdown Brewing! Short Trade Setup!
Current Price: $2.0447(▼1.68%)
24H Range: $1.9841 – $2.2330
Market Snapshot:
$XRP just broke down from a key support after a failed bounce. Bearish continuation forming with weak momentum on recovery candles. Trend favors more downside.
Key Levels:
• Resistance: $2.09 / $2.13
• Support: $2.00 / $1.96
Short Setup:
• Entry Zone: $2.05 – $2.07
• Targets:
◦ TP1: $2.00
◦ TP2: $1.96
• Stop Loss: $2.10
Market Insight:
This lower high and rejection at $2.09 confirms seller control. Momentum is declining and volume on bounces is fading—perfect short squeeze reset structure.
Pro Tip:
Wait for a close below $2.04 on volume for entry confirmation. Protect your risk with tight SL near structure highs.
CTA:
XRP bears taking over again! Eye the breakdown zone and short the weakness—precision and patience lead to profits!
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