🚨 $XRP BEARISH SETUP – REJECTION NEAR EMA ZONE, SELLERS PRESSURE BUILDING 🚨

🔹 Current Price: $2.1509

🔹 24h Change: -0.69%

🔹 24h High/Low: $2.1801 / $2.1093

🔹 Volume: 56.94M XRP / 122.32M USDT

🔹 Exchange: Binance

🔹 Category: Layer 1 / Layer 2

🔹 Indicators:

EMA 20: $2.1490 (current support)

EMA 50: $2.1579 (immediate resistance)

EMA 200: $2.2017 (major resistance)

RSI (6): 52.09 (neutral zone)

🔍 KEY LEVELS:

Support 1: $2.1137

Support 2: $2.0740

Resistance 1: $2.1579 (EMA 50)

Resistance 2: $2.2017 (EMA 200 + structure zone)

Breakdown Level: $2.1090

Reversal Level: $2.1800+

📉 TRADE SETUP – SHORT IDEA (BEARISH)

Entry: $2.15 – $2.16 (near EMA confluence zone)

Target 1 (T1): $2.1130

Target 2 (T2): $2.0740

Target 3 (T3): $2.0200

Stop Loss: $2.1810 (above resistance and 24h high)

✅ RISK MANAGEMENT:

Use <2% capital risk per trade

Place SL above strong resistance and monitor volume divergence

Trail SL after hitting T1 to secure gains

Avoid over-leverage due to structure congestion around EMAs

📌 SUMMARY:

$XRP/USDT is showing bearish momentum after a failed attempt to break above EMA 50 and a steady rejection from $2.18. RSI is neutral, but the price structure suggests weakness unless $2.18 is reclaimed.

📉 If price loses $2.11 support, expect strong continuation down toward $2.07 and possibly $2.02.

📢 Momentum fades at resistance – time to ride the wave down with a tight stop! 💥

#CryptoTrading #XRPUSDT #BearishSetup #Binance #MarketRebound $XRP