$XRP /USDT – Bearish Setup Forming! Momentum Slowing Down!
Current Price: $2.5419 (+7.49%)
24H High: $2.6549 | 24H Low: $2.3515
Following a sharp rally, $XRP is now stalling near $2.65 with weakening momentum and lower highs on the 15-minute chart — signaling a possible retracement ahead.
Resistance Zone: $2.62 – $2.66
Support Levels: $2.50, $2.44, $2.36
Short Trade Setup:
Entry Range: $2.54 – $2.58
Targets:
TP1: $2.50
TP2: $2.44
TP3: $2.36
Stop Loss: $2.67
Market Overview:
Bearish engulfing candles are forming at resistance. A break below $2.54 with volume weakness could open the door for a deeper correction.
Pro Tip:
Be patient — wait for confirmation with a break and weak bounce below $2.54 before entering.
Momentum is fading — a prime setup to catch the downside!
