$XRP USDT ā DEAD CAT BOUNCE? BEARS STRIKE BACK
š» FAILED RECOVERY AT $2.2370
š» MACD REMAINS DEEP IN BEAR TERRITORY
$XRP attempted a minor bounce but got sharply rejected near $2.2370, confirming weak buyer momentum. The price is struggling below the 1H EMAs with a fresh drop close to the 24H low at $2.2077. MACD shows no sign of reversal ā bearish momentum is intact.
SHORT Trade Setup:
Entry: $2.224
TP1: $2.190
TP2: $2.160
Stop Loss: $2.245
Outlook: Expect another sweep of lows if $2.207 fails to hold. Short-term trend clearly favors sellers.
#XRPUSDT #ShortSignal #BearishBreakdown #CryptoTrading #BinanceFutures