$XRP USDT BEARISH BREAKDOWN – MAJOR SUPPORT TESTING, FURTHER DROP LIKELY

XRPUSDT is currently showing weakness after rejecting from the strong resistance zone near 2.20 USDT. The price has broken below intermediate support and is now testing the key demand zone around 2.08 USDT. Failure to hold this support could trigger a deeper drop.

🔹 Key Levels

Resistance: 2.20 USDT

Support: 2.08 USDT (current price), next strong support at 1.91 USDT

Current Price: 2.08 USDT

📉 Trade Setup (Short)

Entry Zone: 2.08 – 2.09 USDT (current market area)

Take Profit (TP): 1.91 USDT

Stop Loss (SL): 2.13 USDT

📊 Market Outlook Momentum remains bearish with lower highs forming after rejection from resistance. If the 2.08 support fails to hold, sellers may drive price towards 1.91 USDT swiftly.

⚠️ Risk Management Always use strict SL placement and manage position sizing carefully to protect capital in volatile market conditions.

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