$XRP /USDT BEARISH PULLBACK UNDERWAY – SELL PRESSURE STALLS RECOVERY!
$XRP is currently trading at $2.4186 after facing consistent resistance near the $2.46 level. Recent price action on the 1H chart shows a short-term lower high pattern forming, indicating that sellers are regaining control. A breakdown below $2.40 could accelerate downside momentum.
Trade Setup:
Short Entry: $2.42 – $2.44
Take Profit: $2.36 / $2.30
Stop Loss: $2.4660
Market Outlook:
Bulls are losing grip as XRP fails to reclaim the $2.46 zone. Unless we see a strong volume-driven breakout above that resistance, the pair remains vulnerable to further pullbacks in the short term.
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