$XRP /USDT – Bearish Momentum Intensifies! Short Setup Active
XRP is currently facing heavy selling pressure after a sharp breakdown from its recent range. Price action is forming consistent lower highs with strong bearish candles, signaling the continuation of downward momentum.
A short opportunity is now in play with a favorable risk-reward ratio.
Short Entry: $2.1228
Target 1: $2.1100
Target 2: $2.0980
Target 3: $2.0870
Stop Loss: $2.1710
This setup offers a clean structure for short sellers. Ensure to use a tight risk plan, especially in high volatility zones. Stick to low leverage (max 5x) and avoid revenge trading if the move retraces unexpectedly.
Pro Tip for Followers: Watch for increased volume on breakdown. If sellers remain dominant, this drop could accelerate quickly—stay prepared to secure profits.