$XRP /USDT Short Trade Opportunity 💯 🔥 Confirmed Don't Miss
Current Price: $2.9329
24H High: $3.0590
24H Low: $2.8959
Price Change (24H): -1.68%
Market Structure:
$XRP is forming a lower high and facing rejection around the $2.95 resistance zone. The price has broken below the short-term support at $2.940 on the 30-minute timeframe, showing signs of weakness. If selling pressure continues, a deeper pullback may occur.
Entry Zone: $2.930 – $2.945
Ideal range to open short positions if the price retests this zone and fails to break above $2.950.
Stop Loss: $2.965
Placed just above the recent rejection wick to protect against false breakouts.
Target Points:
• TP1: $2.900 – First minor support zone
• TP2: $2.870 – Stronger historical support
• TP3: $2.840 – Key breakdown level from previous price action
Risk Management Insight:
This setup offers a favorable risk-to-reward ratio of approximately 1:2.5 to 1:3 depending on exit strategy. Ideal for short-term traders looking for momentum plays. Wait for confirmation with increased volume before entering.
Trade here on $XRP