$XRP /USDT BEARISH RETEST – PRESSURE BUILDING BELOW $2.25 🔻⚠️

📊 Current Price: $2.2238 (–1.74%)

📈 24H High: $2.2677

📉 24H Low: $2.1960

🔄 24H Volume: 71.28M XRP / $158.70M USDT

🔍 TECHNICAL OVERVIEW:

is facing continued bearish pressure, pulling back after rejection at $2.26. Price action shows a clear lower high formation, and XRP is now hovering near the support zone of $2.20–$2.19, which is being tested for the second time.

A break below $2.19 could lead to a stronger correction toward $2.10 or even $2.00. Bulls must reclaim $2.25–$2.27 to resume upward momentum.

🔑 KEY LEVELS TO WATCH:

🔼 Resistance 1: $2.25 (minor resistance)

🔼 Resistance 2: $2.2677 (24H high / short-term ceiling)

🔽 Support 1: $2.1960 (24H low / immediate demand zone)

🔽 Support 2: $2.1500

🔽 Support 3: $2.0000 (major round-number support)

🧭 TRADE SETUPS:

🔻 SHORT IDEA (On Breakdown):

📥 Entry: $2.21–$2.22 (on failed bounce / retest)

🎯 Targets:

TP1: $2.15

TP2: $2.00

🛑 Stop Loss: $2.27

🔄 LONG IDEA (Bounce Scenario):

📥 Entry: $2.19–$2.20 (on bullish candle confirmation)

🎯 Targets:

TP1: $2.25

TP2: $2.30

🛑 Stop Loss: $2.15

💡 RISK MANAGEMENT:

Limit risk to 2% of capital per trade

Wait for clear confirmation on either breakdown or bounce

Move SL to breakeven after first target

Don’t trade during choppy consolidation

📉 $XRP is at a make-or-break level – losing $2.19 could trigger deeper downside, while holding it may offer a short-term bounce. Eyes on volume and structure!

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