📉 XRP/USDT – Rejection Confirmed at Key Resistance (Binance)
XRP is showing clear signs of rejection near the $2.76 resistance level on the Binance 30-minute chart. Multiple upper wicks combined with lower highs highlight sustained selling pressure. Market structure suggests bearish momentum is gaining control, increasing the probability of a move toward lower demand levels.
🔻 Short Setup (Binance Futures):
Entry: $2.7409
Stop-Loss: $2.7822
Take-Profit Targets:
• TP1: $2.7100
• TP2: $2.6900
• TP3: $2.6808
🧠 Technical Outlook:
The intraday breakdown structure points to weakening bullish momentum. If Bitcoin consolidates or pulls back, XRP could accelerate toward the identified support zones. A decline in trading volume may provide further confirmation of bearish strength.
⚠️ Risk Note: Always manage leverage and capital exposure responsibly. Trade setups are subject to rapid changes in market conditions.