$XRP /USDT BEARISH DOWNTREND SETUP
XRP continues to slide within a clear bearish channel, forming consistent lower highs and breaking through support levels with increasing downside momentum. Weak rebounds and persistent sell volume indicate strong bearish continuation, while indicators like EMA alignment and MACD pressure confirm sellers’ dominance.
TRADE SETUP — SHORT POSITION
Entry: Short below the recent support break
Targets (TP):
• TP1: 2.26
• TP2: 2.22
• TP3: 2.18
Stop-Loss (SL): Above the nearest lower-high resistance to protect the trade structure
Risk Management:
Keep risk per trade within 1–2%, follow SL strictly, and avoid adding to losing positions.
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XRPUSDT
Perp
2.2721
-0.07%