$XRP /USDT – BEARISH BREAKDOWN IN PLAY
XRP is currently showing signs of weakness after failing to hold above key resistance levels. With the price now trading at $2.6812, bears are gaining control and further downside may be ahead unless strong buying steps in.
KEY LEVELS TO WATCH
Resistance Levels:
$2.7700 – Immediate resistance
$2.8100 – Major resistance zone
$2.8500 – Breakout level to turn bullish
Support Levels:
$2.6700 – Immediate support
$2.6450 – Key support, breakdown confirms bearish momentum
$2.6000 – Next target on extended weakness
TRADE SETUP – SHORT POSITION IDEA
Entry: $2.6800 – $2.6700 range (confirmation on breakdown)
Stop Loss: $2.7100 (above minor resistance)
Targets (TP): TP1: $2.6450
TP2: $2.6000
TP3: $2.5500 (if momentum continues)
RISK MANAGEMENT
Use 1-2% of your capital per trade
djust position size according to SL distan🔹 Avoid over-leveraging – protect your capital
Trade with discipline. Let the chart guide you! #TradingStrategyMistakes #ArbitrageTradingStrategy #BTCBreaksATH #ETHBreaks3k #Write2Earn $XRP