$XRP USDT – BEARISH PRESSURE TESTING SUPPORT
$XRP has been in a consistent downtrend, with price recently hitting the intraday low of 3.1359 before attempting a small rebound. Current momentum still favors sellers, and a break below 3.1350 could accelerate the downside move toward deeper support zones.
Trade Setup (Short):
Entry Zone: 3.1480 – 3.1550
Take Profit 1: 3.1350
Take Profit 2: 3.1250
Stop Loss: 3.1700
Market Outlook:
Bears remain in control, as lower highs and strong red candle closes indicate sustained selling interest. Only a sharp recovery above 3.17 would signal a potential short-term reversal; otherwise, the path of least resistance remains down.
