$XRP

USDT BEARISH PRESSURE PERSISTING AFTER FAILED UPTREND ATTEMPT

XRP is currently trading at $2.2867, showing weakness after an earlier spike towards the $2.3537 resistance, with the price unable to hold above the $2.30 psychological level on the hourly chart.

🔑 Key Levels:

Resistance: $2.3537 (24h high), psychological resistance at $2.3000

Support: $2.2485 (24h low and strong demand zone)

Current Price: $2.2867

📊 Trade Setup:

Entry: Short below $2.2800 confirmation

Targets (TP):

TP1: $2.2650

TP2: $2.2550

TP3: $2.2485

Stop Loss: $2.3050

📈 Market Outlook: XRP has shown strong rejection from its recent highs with a clear downtrend structure forming. The failure to sustain above $2.3000 signals bearish momentum continuation towards the $2.2485 support if $2.2800 breaks cleanly with volume.

⚠️ Risk Management:

Only risk 1-2% per trade

Focus on clean confirmations and structured exits to protect capital and lock profits

💡 Markets reward disciplined traders – wait for breakdown retests to enter with confidence.

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buy and trade here on $XRP