$XRP /USDT BEARISH SETUP
Current Price: $3.2352 (+6.38%)
Key Levels:
Support: $3.2200
Resistance 1: $3.2800
Resistance 2: $3.3800
Technical Outlook:
XRP/USDT surged to $3.38 but faced strong selling pressure, pulling back toward the $3.22 support. The rejection from higher levels and current lower highs formation signal potential bearish continuation if support breaks.
Trade Setup (Short Entry):
Entry: $3.26 – $3.28
Targets:
TP1: $3.2200
TP2: $3.1500
TP3: $3.0800
Stop Loss: $3.3000
⚖ Risk Management:
Keep position size small (1–2% risk), place SL above key resistance, and secure profits gradually at each target.
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