### XRPUSDT: Bearish Liquidation Trap - 75% Confidence
⚠️ SUPPORT CRUMBLING! XRP Targets $2.00 as Longs Face Mass Liquidation!
#### 🔍 Key Bearish Triggers:
1. Price Breakdown:
- -2.21% drop to $2.1334 – trading just $0.05 above 24h low ($2.0783).
- Bollinger Bands: Price clinging to LOWER BAND ($2.1141) – breach opens path to $2.07 → $2.00.
2. Oversold but Ignored:
- RSI(6): 28.7 (approaching oversold, but *no reversal signals).
- Stochastic RSI: 8.58 (near zero = exhaustion, yet downtrend persists).
- Williams %R: -76.17 (bearish momentum accelerating).
3. Liquidation Time Bomb:
- 79.2% Long Accounts – extreme skew vulnerable below $2.07.
- Funding Rate: -0.04% – shorts paid to attack, fueling downside.
- $24.8M Open Interest: Dry tinder for liquidations.
4. Volume & Momentum:
- OBV: -56.2M – relentless distribution.
- MACD: -0.0119 (bearish momentum building).
- $177M 24h Volume: Panic selling dominates.
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#### 🎯 Trader’s Strategy:
- SHORT ENTRY: Below $2.078 (target $2.05 → $2.00).
- Stop-loss: $2.15 (Lower Bollinger Band reclaim).
- Avoid longs until:
✓ Daily close above $2.23 (Middle Bollinger Band)
✓ RSI(6) > 45 + bullish MACD crossover.
🔥 Final Call:
BEARISH – Sell every bounce below $2.15. Bulls need a miracle above $2.23!
#XRP #Trading #Bearish #Liquidations #SupportBreak
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💬 Critical Alert:
**$2.078 = LIQUIDATION ZONE! Break triggers 5% cascade. Short or hedge!