$XRP BEARISH RETEST IN PLAY – CAUTION NEAR $2.24! ⚠️📉

XRP is currently trading at $2.2429 (+3.02%), pulling back from the recent high of $2.3370 after a strong bullish push. However, the price is struggling to sustain above key resistance levels, suggesting that a bearish retest or consolidation may be underway if buyers fail to reclaim control.

🔍 KEY LEVELS TO WATCH

Immediate Resistance: $2.30 (failed breakout zone)

Major Resistance: $2.35 (24h high – bullish continuation level)

Immediate Support: $2.20 (round number + last bounce)

Key Support Zone: $2.15 – $2.10 (demand area and breakdown zone)

📉 TRADE SETUP (SHORT SCALP IDEA)

Entry: If price rejects from $2.26–$2.28 zone (bearish candle confirmation)

Take Profit (TP):

TP1: $2.20

TP2: $2.15

TP3: $2.10

Stop Loss (SL): $2.31 (above recent resistance)

✅ ALTERNATE BULLISH SCENARIO

If XRP breaks and holds above $2.30 with volume, then reinitiate longs toward $2.35 and $2.42 targets.

⚠️ RISK MANAGEMENT

Stick to 1–2% capital risk

Watch for volume drop on bounces – weak buying confirms bearish retest

Set tight SLs in a choppy zone like this – market is in decision mode

Summary: XRP is at a crucial retest zone after a failed push above $2.30. Unless bulls regain strength quickly, a short-term correction to $2.15–$2.10 looks likely. Traders should stay flexible and act on confirmation, not assumption. 🧠💣

Want a trendline breakout chart or RSI/MACD confirmation? Just let me know!

#MarketRebound #BinanceAlphaAlert #BinanceHODLerHOME #IsraelIranConflict #IsraelIranConflict $XRP