$XRP /USDT BEARISH BREAKDOWN TOWARDS LOWER SUPPORT LEVELS
$XRP /USDT has shown clear bearish momentum after rejecting the resistance zone near 3.11 and slipping below key moving averages including MA(7), MA(25), and MA(99). The breakdown from the recent consolidation range along with increased selling volume confirms downside continuation. The MACD also indicates a bearish crossover, strengthening the short setup.
SHORT ENTRY: 2.9450 – 2.9600
TP1: 2.8900
TP2: 2.8450
TP3: 2.7900
SL: 3.0350
Risk Management: Risk only 1-2% of your capital. Adjust stop-loss to entry after TP1 is achieved to secure gains and minimize exposure.
#MarketPullback #TrumpTariffs #FOMCMeeting #ETHCorporateReserves #Write2Earn! $XRP