$XRP
PAIR BEARISH PRESSURE BUILDING – SUPPORT THREATENED AS SELLERS STAY ACTIVE!
Immediate Explanation:
The price has slipped -1.64% to 2.0845, showing clear rejection from higher resistance levels near 2.1800–2.1900. With consistent lower highs and strong sell-side volume, the pair is likely to test lower support zones. Failure to hold above 2.0800 could trigger further downside movement toward 2.0600 and below.
🔻Trade Setup: Short Entry
Entry: 2.0845
Targets (TP): 2.0700 / 2.0600 / 2.0500
Stop Loss (SL): 2.1200
📉Market Outlook:
The market structure remains weak with no bullish reversal signals in sight. Momentum favors the bears, and unless price action reclaims the 2.1300 zone, further declines are the more probable path in the short term.
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