🔻 $XRP Rebounds After Sharp Drop – Relief Bounce or Trap?

$XRP /USDT plunged -7.09% to $1.9580, testing the 24h low of $1.9240 before showing signs of a minor bounce. The price is trying to reclaim lost ground, but momentum remains weak below the $2.00 psychological resistance. A rejection here could signal further downside unless bulls step in with strong volume.

📉 Trade Setup – SHORT

Entry: $1.96

TP1: $1.93

TP2: $1.91

TP3: $1.88

Stop Loss: $2.01

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