$XRP
is currently trading at $2.2044 (-1.42%), showing signs of downside pressure after failing to break above key resistance levels. Bears seem to be gaining control!
🔍 TECHNICAL ANALYSIS
Resistance Levels: $2.2500 💥 | $2.3000 🚫 | $2.3500 🔼
Support Levels: $2.1950 🧱 | $2.1819 ⚠️ | $2.1398 🛑
The price has rejected near $2.2299, forming a lower high, and is now hovering around $2.2044, hinting at further bearish continuation.
📉 TRADE SETUP (SHORT):
Entry: $2.2040 - $2.2100
Take Profit 1: $2.1819 🎯
Take Profit 2: $2.1398 🎯
Stop Loss: $2.2300 ❌
📊 RISK MANAGEMENT:
Risk only 1-2% of your capital. Use proper position sizing and always stick to your SL. Never chase trades! ⚖️
Trend: Bearish Momentum Continues… Stay Sharp! 🔻📊
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