$XRP /USDT GRADUAL RECOVERY OR DEAD CAT BOUNCE? 📉📈
After bottoming out at $2.0794, $XRP has shown a minor recovery on both the 1H and 4H charts, trading around $2.133. The bounce looks modest, with no strong volume breakout yet, suggesting caution for longs. RSI and volume indicators hint at weakening selling momentum, but bulls must reclaim $2.18–$2.21 to flip the trend.
On the 4H chart, $XRP continues forming lower highs, indicating the broader downtrend remains intact. The $2.21 resistance zone is the next battleground if bulls fail to break above it, another leg down toward $2.06 is likely.
🔹 Trade Setup (Short-Term)
Entry: $2.13–$2.15
TP1: $2.08
TP2: $2.04
SL: $2.165
