$XRP /USDT – BEARISH PRESSURE BUILDING NEAR KEY ZONE 🔻💥

$XRP is currently trading at $2.0839, showing a daily loss of -4.85%, as it struggles to maintain upward momentum after hitting a local high of $2.1947. The selling pressure is intensifying near resistance, signaling a possible retracement or correction phase.

🔑 KEY LEVELS TO WATCH:

Resistance Zones:

$2.195 – 24h High and strong rejection zone

$2.25 – Psychological and historical resistance

Support Levels:

$2.078 – 24h Low, immediate support

$2.00 – Round-number support & psychological level

$1.920 – Previous demand zone from the last breakout

Current Price: $2.0839

📊 TECHNICAL ANALYSIS (4H Chart):

Trend: Lower highs forming, indicating short-term weakness

Volume: Large 24h volume (270M USDT) but momentum favors sellers

Candlestick Patterns: Wick rejections near $2.19 show seller dominance

Indicators: Bearish divergence visible on RSI and MACD slowing down

🔻 TRADE SETUP – SHORT SCENARIO:

Entry Zone: $2.09 - $2.10 (after rejection confirmation)

Take Profit Targets:

→ TP1: $2.00

→ TP2: $1.92

→ TP3: $1.85 (if breakdown extends)

Stop Loss: $2.20 (above key resistance and invalidation zone)

✅ RISK MANAGEMENT TIPS:

Stick to a 1-2% risk per trade

Use a tight stop-loss to guard against volatility

Always wait for candle confirmation before entry

#BTC110KToday? #BinanceTGEXNY #BinanceHODLerSAHARA #MarketRebound $XRP

📉 XRP/USDT is showing signs of a short-term bearish reversal. If price fails to reclaim $2.10 and breaks below $2.078, expect further downside. Smart trading means planning both entry and exit—manage your risk and follow the setup!

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