$XRP /USDT BEARS TIGHTEN GRIP – DOWNSIDE PRESSURE STILL IN PLAY
Market Bias: Bearish
$XRP is showing signs of persistent weakness as sellers maintain control below the 2.20 resistance level. The recent price action confirms rejection near highs and continuous testing of lower support zones.
Current Price: 2.1451 USDT
Key Levels:
Resistance: 2.20 / 2.18
Support: 2.13 / 2.10 / 2.00 (major psychological level)
Trade Setup (SHORT):
Entry: 2.15 – 2.16
Target 1 (TP1): 2.13
Target 2 (TP2): 2.10
Stop Loss (SL): 2.18
Market Outlook:
The volume spike near 546.63K signals aggressive activity, likely from profit-taking or renewed bearish momentum. Price is unable to break above the 2.18–2.20 region, which strengthens the bearish structure. Unless bulls reclaim 2.20, further downside continuation is probable.
Risk Management:
Only risk 1–2% of your capital per trade. Stick to your SL and avoid revenge trading. Wait for confirmations before entering.
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