$XRP /USDT – BEARISH MOVE IN PLAY 📉🔥
$XRP is currently trading at $2.1572, and the bears are showing signs of dominance after failing to break major resistance levels. A short-term downtrend is developing, with key technical indicators suggesting a bearish setup ahead. ⚠️
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🔍 KEY LEVELS TO WATCH:
🔻 Resistance Levels:
• $2.2100 – First major resistance
• $2.2500 – Strong supply zone
• $2.3000 – Breakout point for bulls
🔹 Support Levels:
• $2.1300 – Immediate support
• $2.0900 – Next support zone
• $2.0200 – Key breakdown level
📌 Current Price: $2.1572 (As of 05:34)
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📉 TRADE SETUP – SHORT IDEA
🔽 Entry: $2.1600 - $2.1700
🎯 Take Profits (TP):
• TP1: $2.1300
• TP2: $2.0900
• TP3: $2.0200
🛑 Stop Loss (SL): $2.2100 (Above resistance)
💡 Risk/Reward Ratio: ~2.5:1
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🔐 RISK MANAGEMENT TIP:
Always risk only 1-2% of your capital per trade. Use position sizing and stop-loss orders to stay protected. 📊🛡️
#CryptoTrading #TechnicalAnalysis #BearishSignal #ShortSetup #TradeSmart
