$XRP / USDT – Bearish Retest in Play

Timeframe: 1H

XRP is showing weakness after breaking below the $2.92 support. Price is now retesting this zone as resistance. If the rejection holds, a further drop is likely.

Trade Setup: Short

Entry Zone: $2.94 – $2.95

Stop Loss: $3.02

Target 1: $2.86

Target 2: $2.80

Target 3: $2.76

Technical Analysis:

Price flipped key support into resistance

Volume confirms bearish pressure

Pattern suggests possible breakdown continuation

Confirmation needed on rejection to trigger entry