$XRP /USDT โ Bears Pause, Bulls Eye $2.95 Support โ ๏ธ๐
XRP is trading slightly lower at $2.97 (-0.14%), showing mild weakness after rejection near $3.05. Price is hovering around the crucial $2.95 support, where buyers may step in to prevent further downside. The 4H chart shows consolidation in a narrow range โ a strong bounce here could reignite bullish momentum toward $3.10+, while a breakdown below $2.95 may trigger a short-term correction.
Trade Setup:
๐ Short Entry: $2.98 โ $3.00
๐ฏ Targets: $2.92 / $2.85 / $2.78
๐ Stop Loss: $3.06
Alternate Bullish Setup (if rebound):
๐ Long Entry: $2.96 โ $2.98
๐ฏ Targets: $3.05 / $3.10 / $3.18
๐ Stop Loss: $2.92
Market Outlook:
XRP is neutral-to-bearish in the short term but remains in a strong long-term uptrend. Bulls must defend $2.95 to avoid deeper retracement. A close above $3.05 would shift sentiment bullish, opening the path toward $3.20+.