📊 $XRP USDT PERPETUAL – BEARISH SETUP ⚡📉

XRP is trading at $3.0214 (-1.34%), sliding after rejection from the $3.16 – $3.14 resistance zone. Price is now hovering just above the $3.00 psychological support, which is the critical level to watch. A break below could accelerate bearish momentum toward deeper downside targets.

🔑 Key Levels:

Resistance: $3.10 – $3.16

Support: $3.00 – $2.98

🎯 Trade Setup (Short Position):

Entry: $3.02 – $3.04

Targets:

T1: $3.00

T2: $2.98

T3: $2.95

Stop Loss (SL): Above $3.10

⚠️ Risk Management: Bearish momentum is strong — keep SLs tight and control position size. Avoid over-leveraging in volatile moves.

👉 If XRP holds $3.00 support and bounces back above $3.10, buyers may regain control for a retest of $3.14 – $3.16. Until then, sellers have the upper hand. 🚨

Do you want me to also prepare a bullish bounce setup in case $3.00 holds firm?

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