$XRP #USDT

🔍 Technical analysis (30m):

1. Current trend:

• It broke the bullish structure and is falling strongly. The EMA(7) and EMA(25) are crossed downwards.

2. Supports and resistances:

• Recent support: 3.40 – 3.38 (held the spike)

• Immediate resistance: 3.49 – 3.51

3. Volume:

• Abrupt increase in the red falling candle, shows strong selling pressure.

4. MACD:

• In negative zone, bearish crossover, reinforces the continuation downwards.

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✅ Conclusion:

• The bullish structure has been lost. If it does not recover 3.49 soon, we could see a test at 3.38 or even lower.

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💠 $XRP #XRPUSDT

📌 Possible Strategy: Short for bearish continuation

➡️ Wait for entry pattern:

• Clear rejection at 3.49 – 3.51 (newly formed resistance)

• Ideal entry: 3.48 – 3.50, if it shows a strong red candle again

📉 Stop Loss:

• 3.52 (above the last resistance)

🎯 Take Profit:

• TP1: 3.42

• TP2: 3.38

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🔄 Alternative scenario (if it breaks 3.52 strongly):

• Cancel short and wait for a retracement for long up to 3.56 – 3.59

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⛔️ Avoid:

Long entries while it does not exceed 3.52 with solid volume. It is in a bearish pullback zone.