$XRP /USDT BEARISH MOVE INTENSIFIES 🔻 | SHORT TRADE IDEA
📉 Current Price: $2.2179
📈 24h High: $2.3135
📉 24h Low: $2.2077
📊 24h Volume (XRP): 137.92M
💰 24h Volume (USDT): 313.18M
📉 Price Change (24h): -3.02%
📉 TECHNICAL OVERVIEW
XRP is continuing its downtrend, with consistent lower highs forming after rejection from the $2.31–$2.34 resistance zone. The price is hovering just above key short-term support at $2.20, but increasing sell pressure suggests a likely breakdown ahead.
The structure shows clear bearish momentum, and if $2.20 fails, we could see a swift drop toward the next demand zones.
🔑 KEY LEVELS
🔺 Resistance:
$2.28 – First barrier
$2.31–$2.34 – Major supply zone
🟢 Support:
$2.20 – Immediate support
$2.16 – Next support level
$2.12 – Strong buyer zone
🔻 SHORT TRADE SETUP
Entry: $2.22 – $2.24
Target 1: $2.20
Target 2: $2.16
Target 3 (Extended): $2.12
Stop-Loss: $2.28 (above recent lower high)
🛡 RISK MANAGEMENT
Risk 1%–2% of your total capital
Maintain a 1:2 or better risk-to-reward ratio
Avoid overleveraging and always use a hard stop
📌 SUMMARY: XRP is under strong bearish pressure, and failure to hold the $2.20 zone could lead to a deeper drop. Until bulls reclaim $2.28+, short setups remain favorable.
> Plan your trade. Trade your plan. Not financial advice. 💼📉
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