$XRP /USDT BEARISH TECHNICAL ANALYSIS
XRP is showing bearish momentum after failing to sustain above the $3.18 resistance. Current price: $3.0818. Sellers are dominating, and a further downside move is likely if support breaks.
Key Levels:
Support: $3.06 | $3.04 | $2.99
Resistance: $3.12 | $3.14 | $3.18
Trade Setup:
Short Entry: $3.08 - $3.10
Targets (TP): $3.04 / $2.99
Stop Loss (SL): $3.14
Risk Management:
Keep risk under 2% of your trading capital. Avoid over-leveraging and wait for confirmation at the entry level before executing the trade.
Momentum favors bears; watch support levels closely!
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