$XRP Short Setup Alert – Bearish Pressure Mounting Below Resistance 🚨
📍 Entry Zone: 2.1800 – 2.1900 (Former resistance now acting as weak support)
🎯 Targets:
• TP1: 2.1600 – Testing initial support
• TP2: 2.1400 – Strong demand zone
• TP3: 2.1200 – Breakdown extension if momentum continues
🛑 Stop Loss: 2.2000 (Above recent swing high – protects against fakeouts)
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📉 Why Bearish?
• Price failing to reclaim key resistance zone (2.1900–2.2000)
• Negative price momentum (-0.47%) shows waning strength
• High 24h selling volume (86.32M USDT) signals increased exit activity
• Lower highs building — classic sign of trend exhaustion
💡 Trade Strategy:
Look to sell into strength within 2.1800–2.1900. Downside targets offer clean risk-reward with a tight SL.
⚠️ Risk Note: Stick to tight stop-losses, manage leverage smartly — bearish sentiment may continue if breakdown confirms.
📉 Watch for follow-through – $XRP could slide if 2.1600 gives way.