$XRP USDT – SHORT TRADE SIGNAL 🔴
🔻SUPPORT BREAK UNDER 2.8967
📉BEARISH ENGULFING AFTER CONSOLIDATION
XRP has broken below a critical support at 2.8967, following a rejection near 2.9591. The current candle confirms a bearish engulfing pattern, suggesting further downside pressure. The price is now trading under a key demand zone flip, increasing the probability of a deeper drop.
🔽Trade Setup
• Entry Point: 2.8860 – 2.8967
• Stop Loss: 2.9397
• Take Profit:
1️⃣ TP1: 2.8265
2️⃣ TP2: 2.7648
• Margin: 2–3% of wallet
• Leverage: 10x
📉Market Outlook:
Downtrend likely to continue as bearish volume builds. Watch for further selling momentum if price stays under 2.8967. Any bounce into resistance can offer reload zones for shorts.
#XRPUSDT #CryptoSignal #BinanceFutures #ShortSetup #TrendBreakdown