🚨 #XRPUSDT Bearish Crunch! Short Setup Below Critical Support! 🚨
Market Breakdown
- Price: $2.1363 (-3.19%)
- Trend: Strong bearish momentum (↓ MACD, ↓ Volume, ↓ OBV).
- Key Support: $2.1056 (Lower Bollinger Band) → CRITICAL!
- Next Support: $2.0579 (24h Low).
- Key Resistance: $2.2035 (Middle Bollinger Band).
- Sentiment: 78.66% longs → extreme liquidation risk if support cracks!
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Trade Strategy
Bearish Continuation (75% Probability)
Entry (Short):
1. Aggressive: Breakdown below $2.1050 → Enter $2.1020-$2.1050.
- Stop Loss: $2.1200 (0.7% risk).
2. Conservative: Retest of $2.1500 (rejection zone) → Enter $2.1450-$2.1500.
- Stop Loss: $2.1650 (0.9% risk).
Exit Targets:
- T1: $2.0800 (↓1.6%)
- T2: $2.0579 (24h Low ↓2.7%)
- T3: $2.0300 (Psychological support ↓4.0%)
Why Bearish Dominates?
- 📉 MACD: -0.0116 (bearish momentum accelerating).
- 🆘 RSI(6): 38.14 (bearish but not oversold → room to drop).
- 📉 Bollinger Band: Price slamming lower band ($2.1056) → breakdown imminent.
- 💀 OBV: -97.2M (relentless selling pressure).
- 📉 Volume: 1.77M vs MA(5) 14.92M → 88% below average (buyers vanished).
- 💣 Liquidation Fuel: 78.66% longs = powder keg for cascading sells.
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Surety Rate: 75% for Shorts | 25% for Longs
-Short Confidence:
- MACD/RSI/Bollinger triple bearish alignment.
- High long accounts = liquidation cascade fuel below $2.1050.
- Long Caution:
- Requires $2.1056 hold + volume surge (low odds in downtrend).
#XRP #Bearish #ShortSqueeze #CryptoCrash
Disclaimer: Use 5x leverage MAX. Exit 50% at T1. Stop losses NON-NEGOTIABLE!
🔥 Key Insight: Shorts offer 4:1 risk-reward below $2.1050! 🔥