XRP Bearish Outlook: Slow Rise Hides Short Opportunities, Rebounds Signal Shorting

The current slow rising trend of XRP is not a substantial increase in bullish strength, but rather a weak correction following previous declines. During the rise, trading volume gradually shrinks, lacking sustained upward momentum. The so-called 'retesting support' is actually a false bullish signal. In the current rhythm, when the price rebounds to key resistance areas, bearish forces will gradually be released; the rebound point is indeed a better time to position short orders, and one should be cautious of the sudden drop risks following a slow rise.

Personal trading suggestions are as follows:

• Short Opportunity: Enter a short position after the price rebounds to the 2.95-3.00 range and shows signs of being pressured and stagnating.

• Target Levels: The first target is 2.70; if this level is broken and continues to decline, further down targets can be set at 2.60.