$XRP /USDT BEARISH PRESSURE BUILDING – WATCH FOR BREAKDOWN
XRP is currently under selling pressure, struggling to hold above key levels. Momentum favors the bears as the price continues to trade below intraday resistance levels. A break below support could trigger a sharper decline.
📍 Current Price: $2.9508
📉 Resistance Levels:
$3.00 (Psychological & Intraday Resistance)
$3.10 (24h High / Major Resistance)
📈 Support Levels:
$2.9164 (24h Low / Immediate Support)
$2.85 (Key Support Zone)
🎯 Trade Setup – SHORT ENTRY:
🔹 Entry: $2.95 – $2.97
🔻 Targets (TP):
TP1: $2.90
TP2: $2.85
TP3: $2.78
🛑 Stop Loss (SL): $3.03
📊 Risk Management:
Use proper position sizing—risk only 2% of your capital. Stick to a minimum 1:2 RR ratio and adjust SL to breakeven once TP1 is hit. Stay disciplined!
Patience & Precision Pays! #BTCUnbound #BinanceHODLerPROVE #BinanceHODLerTOWNS #BTCReserveStrategy #Write2Earn $XRP