$XRP USDT BEARISH ANALYSIS: WEAK STRUCTURE NEAR SUPPORT HINTS AT FURTHER DOWNSIDE
$XRP USDT is showing clear signs of bearish momentum after repeated failures to break above the 3.1850 resistance. The price is forming lower highs and testing the critical 3.0530 support zone. A confirmed breakdown below this level could accelerate selling pressure.
SHORT ENTRY: 3.1200–3.1400
TARGETS:
→ TP1: 3.0530
→ TP2: 3.0000
→ TP3: 2.9400
STOP LOSS: 3.1850
RISK MANAGEMENT:
Risk strictly 1–2% of your capital. Confirm entry with a candle close below support. Stick to your stop loss and avoid revenge trading. Proper risk-to-reward ratio is key to long-term success.
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