$XRP /USDT – Ideal Short Trade Setup
$XRP has maintained strong bearish momentum after breaking below key intraday support. The price retested the $3.2071 zone and failed to reclaim it, confirming a continuation of the downtrend. Current market structure on the 15M chart shows lower highs and lower lows, supported by sustained selling pressure.
Entry: 3.0611
Target 1: 3.0000
Target 2: 2.9650
Target 3: 2.9300
Stop-Loss: 3.1326
Risk Management: Allocate 3–5% of capital. Move stop-loss to entry after hitting Target 1.
Pro Tip: Watch for strong volume on breakdown candles – this will validate momentum continuation toward lower targets.
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