$XRP USDT BEARISH BREAKDOWN — PRICE SLIPS BELOW SUPPORT, SELL PRESSURE LOOMS 🔻
$XRPUSDT has broken below a key support level at 2.0557, confirming a bearish structure with clear rejection from the previous supply zone. The current consolidation beneath resistance suggests a potential continuation toward the next liquidity zone around 1.9940. Smart traders can capitalize on this momentum shift before further downside unfolds.
TRADE SETUP: 🔴 Short Trade Signal
Entry Zone: 2.0350 – 2.0400
Take Profit: 1.9940
Stop Loss: 2.0560
Leverage: 10x
Risk: 2-3% of wallet
MARKET OUTLOOK:
Momentum is favoring sellers after repeated rejections at the 2.06 level. Lower highs and a fresh bearish engulfing candle signal a strong downtrend continuation. A retest of broken support as resistance strengthens the short case.
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buy and trade here on $XRP