💣 $XRP /USDT – Bears Gaining Control After Breakdown! 🔻
$XRP is sliding lower after rejecting the $3.00 mark and slipping beneath crucial support at $2.90. Selling pressure is increasing, with lower highs confirming bearish structure on the 1H chart.
📊 Short Trade Setup:
• Entry Zone: $2.86 – $2.88
• Target 1 (TP1): $2.78
• Target 2 (TP2): $2.72 ✅
• Stop Loss (SL): $3.01
⚡ Technical View:
Bearish momentum is building as XRP forms consistent lower highs and prints strong red candles. The breakdown below $2.90 confirms seller dominance.
🛡 Risk Note:
If $3.01 is reclaimed, this setup is invalidated. Stick to tight SLs and manage your risk wisely.
🔄 Strategy Breakdown:
We're playing the trend continuation after a failed breakout above $3.00. Momentum and structure favor the bears, and this setup aims to capture the next leg down in XRP’s corrective phase.
📢 Follow @bullishbanteer for more real-time trade setups and updates!