$XRP USDT – SHORT TRADE SIGNAL🔴
🔻 REJECTION FROM KEY SUPPLY ZONE
📉 POTENTIAL FAKEOUT ABOVE RESISTANCE
XRP has failed to hold above the critical resistance at 2.9750 and is now showing signs of reversal after a strong push upward. Price faced rejection near the 3.0000 psychological level, forming a bearish candle. This signals a likely retracement toward lower support levels.
Key Technical Levels:
• Resistance Zone: 2.9740 – 3.0140
• Immediate Support: 2.9460
• Breakdown Level: 2.9590
• Next Demand Zone: 2.8410 – 2.8260
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Trade Setup:
• Entry Point: 2.9750 – 2.9800
• Stop Loss: 3.0150
• Take Profit 1: 2.9460
• Take Profit 2: 2.9010
• Margin: 2–3% of wallet
• Leverage: 10x
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Market Outlook:
XRP is likely to pull back after testing overhead supply. Bearish pressure may intensify if it breaks below 2.9590 support. Watch for continuation signals.
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