$XRP /USDT based on your data:
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$XRP/USDT – BEARISH BIAS BELOW $3.00 TREND WEAKENING
XRP is trading at $2.9251, posting a -2.13% drop over the last 24 hours. After a brief attempt to reclaim $3.05, the price was rejected and is now grinding lower toward key support levels.
KEY LEVELS:
Resistance 1: $3.05 (24h High)
Resistance 2: $2.98–$3.00 (immediate sell zone)
Support 1: $2.8959 (24h Low)
Support 2: $2.85 (short-term downside target)
Support 3: $2.75 (major psychological level)
TRADE SETUP – SHORT POSITION IDEA
Entry (Sell): $2.96–$2.98 (on weak bounce/retest)
Take-Profit (TP):
TP1: $2.89
TP2: $2.85
Stop-Loss (SL): $3.05
> 🔸 MACD turning bearish, BOLL bands narrowing, and low buying volume all suggest further downside is likely. Wait for candle close below $2.92 for confirmation.
RISK MANAGEMENT: Limit risk to 1%–1.5% per trade. Don’t scale in unless there’s confirmation of trend continuation. Stay alert to false breakouts around $2.90.
XRP remains weak under the $3.00 mark. If $2.89 breaks with strong volume, expect acceleration toward $2.85 and $2.75.
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