$XRP /USDT: Bearish Decline - Watch Key Support Levels!

The pair $XRP is currently trading at $2.1669, showing weakness after failing to hold above the resistance area at $2.20. The price is gradually sliding with a daily decline of -1.09%, and if it drops below $2.14, further bearish pressure may follow.

Trading Setup (Sell):

Entry Price: $2.1600 - $2.1800

Target 1: $2.1230

Target 2: $2.1000

Stop Loss: $2.2065

Why Sell?

The recent price rejection at the resistance level of $2.20 indicates a regain of control by sellers. The bearish candles on the hourly chart and fading bullish momentum align with a short-term correction back to support areas. Risk Management Advice:

Avoid over-leveraging in volatile ranges. Use tight stop-loss orders and secure partial positions near key support if the price approaches oversold levels.

Don't let this breakout pass without taking advantage - enter smartly, and exit with a bigger profit!

Capitalize on the momentum before it fades - profits favor the brave $XRP