$XRP /USDT BEARISH PULLBACK UNDERWAY – SUPPORT ZONE BEING TESTED!
$XRP is currently trading at $2.1463, showing signs of weakness after failing to sustain above the $2.20 resistance. The price has dropped nearly -1.07% today, with increasing sell pressure and rejection wicks visible around $2.1955. If the support at $2.12 breaks down, a deeper pullback toward the psychological $2.10 level or even lower becomes likely.
🔻 Trade Setup (SHORT):
Entry: $2.1600 – $2.1900
Target 1: $2.1230
Target 2: $2.1000
Stop Loss: $2.2065
🧐 Why Short?
XRP has posted consistent lower highs across multiple timeframes and is now hovering just above key support. Momentum indicators are weakening, and volume is drying up. A daily close below $2.12 could confirm a bearish continuation toward the next demand zone.
⚠️ Risk Management Tip:
Always respect your SL at $2.2065. If the price breaks and holds above this level, bearish bias gets invalidated. Use tight risk and avoid over-leveraging.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
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