Attention dear 👈 Short sell signal for price $XRP /USDT - Rejection at resistance level raises bearish risks!

The price of $XRP dropped to $2.19 after facing sharp rejection from the resistance area at $2.26. With the price registering lower levels than previous peaks and failing to regain its bullish structure, the bearish momentum is gaining strength. A drop below $2.20 indicates increasing selling pressure, and there may be a collapse towards key support levels.

Trading setup (Short sell):

Entry price: $2.20 - $2.24

Target 1: $2.08

Target 2: $1.96

Stop loss: $2.265

Market outlook:

XRP shows signs of weakness in its structure with declining trading volume near the resistance level. Unless the bulls regain the $2.26 level with strong trading volume, continued decline will remain the prevailing scenario. Risk management advice:

Keep the stop loss level above $2.265. If the price stabilizes at $2.15, consider using trailing stop loss orders to lock in partial gains.

Sell smart - don't chase green candles when the trend turns red

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