$XRP /BTC BEARISH MOVE AHEAD 🔻 | SELL PRESSURE DOMINATES BELOW RESISTANCE
/BTC is showing weakness after multiple rejections near the 0.00002300 resistance zone. The price is currently hovering around 0.00002272, struggling to gain bullish momentum as sellers continue to hold control. The bearish structure remains intact with lower highs forming on the chart.
📉 Key Levels:
Resistance: 0.00002300 – 0.00002323
Support: 0.00002256 – 0.00002240
Current Price: 0.00002272
⚙️ Trade Setup (Short Entry):
Entry: 0.00002275 – 0.00002280
Take Profits (TP):
🎯 TP1: 0.00002240
🎯 TP2: 0.00002200
Stop Loss (SL): 0.00002310
💡 Risk Management:
Maintain a 1:2 risk/reward ratio, use strict SL, and avoid over-leveraging. Secure partial profits at the first target to manage volatility effectively.
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