$XRP
BEARISH ANALYSIS – SHORT SETUP AS MOMENTUM FADES 🔻⚠️
XRP is trading at $2.0373 (-4.78%), showing signs of weakness after rejecting from the $2.14 resistance area. Bears are beginning to dominate as price struggles to hold above the $2.05 level.
📉 Key Levels:
Resistance: $2.10 ➤ $2.14 ➤ $2.20 (strong sell zones 🚫)
Support: $2.00 ➤ $1.95 ➤ $1.90 (watch for bearish continuation 📉)
📊 Current Price: $2.0373
With price now beneath key resistance and failing to bounce strongly, XRP may head lower in the short term.
🛠️ Short Trade Setup:
Entry: $2.03 – $2.05
Targets:
➤ TP1: $2.00
➤ TP2: $1.95
➤ TP3: $1.90
Stop Loss (SL): $2.15 (above recent high zone)
🔒 Risk Management:
Stick to 1–2% risk per trade. Use stop-loss and avoid overleveraging in high volatility! 🛡️🔻
⚡ Downside pressure building – follow the trend, manage the risk! 🧠📊
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