$XRP USDT has officially lost its footing above the key 3.0000 psychological level, and the charts are painting a bearish picture. A clear lower high formation is now in play, with the market breaking below 2.8300, signaling a strong shift towards the downside. The selling pressure is undeniable, backed by significant volume, confirming that a bearish reversal is in full motion.

For those looking to capitalize on this move, short entry below 2.8200 is looking solid. Target TP1 at 2.7470 and TP2 at 2.6800 for a nice profit potential. But remember, always protect your downside with a stop loss at 2.8650.

Risk management is key here—limit your risk to 1-2% of your total capital. Don’t forget to lock in some profits at TP1 and consider trailing the remaining position for further gains. Stick to your plan, don’t average down, and keep discipline at the forefront of your strategy. Time to ride the bearish wave!

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