$XRP USDT – BEARS EYE A REVERSAL AFTER FAILED BREAKOUT
$XRP has surged strongly but is now showing rejection near the $3.10–$3.12 resistance zone. This level has proven tough to break, and the sharp rejection signals that sellers are stepping in with pressure. If the price fails to reclaim momentum above $3.12, a corrective move is likely to unfold.
Trade Setup (Short)
Entry Zone: 3.02 – 3.05
Take Profit 1: 2.95
Take Profit 2: 2.90
Take Profit 3: 2.875
Stop Loss: Above 3.127
🔎 Market Outlook
While XRP remains bullish in the bigger picture, the immediate short-term outlook hints at a pullback. Bears may dominate the next move unless bulls reclaim strength above $3.12. Traders should watch this level closely for confirmation of continuation or deeper retracement.