$XRP /USDT BEARISH BREAKOUT LIKELY AS PRICE DROPS BELOW MOVING AVERAGES 🚨📉

XRP/USDT is currently under bearish pressure, trading at $3.05 (-1.60%), after rejecting the $3.17 high. Price has slipped below the MA(7) - $3.0602, MA(25) - $3.0874, and MA(99) - $3.1183, confirming downside momentum. With low support in the current zone and volume fading, bears are gaining control.

📊 Key Levels:

Resistance: $3.0874 🔼 / $3.1183 🔼

Support: $3.0444 🔽 / $3.0000 🔽

Current Price: $3.0528 📍

📉 Trade Setup – SHORT Entry:

Entry Zone: $3.06 - $3.07

Take Profits (TP):

TP1: $3.044

TP2: $3.000

TP3: $2.950

Stop Loss (SL): $3.12

🛡️ Risk Management:

Limit your position size to 1–2% of total capital, and always adjust your SL after TP1 to secure profits. Stick to your strategy, and avoid emotional decisions! ⚠️📊

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