$XRP /USDT BEARISH BREAKDOWN SETUP

$XRP/USDT is under strong bearish pressure after breaking below key support near 3.18. The price is testing lower support levels around 3.12-3.14 with increased selling volume, signaling continuation of the downtrend.

Short Entry: Initiate short near 3.16-3.18 on confirmation of resistance retest or bearish candlestick patterns.

Take Profit Targets: TP1 at 3.12, TP2 at 3.08 – significant support zones to watch.

Stop Loss: Place SL above 3.20 to protect against sudden bullish reversals.

Risk Management: Maintain a risk-reward ratio of at least 1:2. Use disciplined position sizing, risking no more than 1-2% of capital. Monitor price action for reversal signals to adjust stops or exit early if needed.

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