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$XRP /USDT BEARISH SETUP: BREAKOUT FAILED – SELLERS SHOWING DOMINANCE
The chart reveals a failed breakout above the 2.35 zone, followed by repeated rejections and declining momentum. Price is now consolidating below resistance at 2.30, forming a lower high structure—an early sign of bearish control returning to the market.
Trade Setup (Short):
Entry: 2.2950 – 2.3050
Take Profit: 2.2360 / 2.2120 / 2.1880
Stop Loss: 2.3220
Market Outlook:
XRP/USDT is likely to see further downside as sellers continue to absorb bullish pressure near resistance. A break below 2.2360 could accelerate the decline. Stay cautious of any sharp wicks, and use proper risk management.
Command: Hit resistance? Time to short and ride the dip!
#XRP #CryptoTrading #BearishTrendv #Altcoins #MarketUpdate
$XRP
The chart reveals a failed breakout above the 2.35 zone, followed by repeated rejections and declining momentum. Price is now consolidating below resistance at 2.30, forming a lower high structure—an early sign of bearish control returning to the market.
Trade Setup (Short):
Entry: 2.2950 – 2.3050
Take Profit: 2.2360 / 2.2120 / 2.1880
Stop Loss: 2.3220
Market Outlook:
XRP/USDT is likely to see further downside as sellers continue to absorb bullish pressure near resistance. A break below 2.2360 could accelerate the decline. Stay cautious of any sharp wicks, and use proper risk management.
Command: Hit resistance? Time to short and ride the dip!
#XRP #CryptoTrading #BearishTrendv #Altcoins #MarketUpdate
$XRP
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