๐ $XRP : Bearish ๐ป Diving into Support Time To Shortโผ๏ธ
$XRP just hit $2.1163 on the hourly chart, after a steep red cascade following multiple rejections around $2.18. With selling pressure mounting and RSI likely heading into oversold territory, this zone could soon attract some brave bounce hunters. ๐น But remember, caution is KEY! โ ๏ธ
๐จ Short Trade Setup:
* Entry Zone: $2.1330 โ $2.1430
* Take Profit 1: $2.1240 ๐ฏ
* Take Profit 2: $2.1160 ๐ฏ
* Take Profit 3: $2.0980 ๐ฏ
* Stop Loss: $2.1520 ๐
A sustained break below $2.12 with significant volume could extend this drop further. Only consider reversal plays if we see clear bullish divergence or a strong volume spike! ๐