๐ $XRP /USDT Bearish Outlook ๐ป
$XRP is trading near 2.99, down -1.7% after failing to hold above the 3.12 resistance. With high daily volume of over 518M USDT, the market shows strong activity, but repeated rejections around the 3.10โ3.12 zone indicate weakening bullish momentum. Sellers are starting to take control, hinting at a potential pullback.
๐ฏ Short Setup
Entry: 3.00 โ 3.05
Stop Loss: 3.13
TP1: 2.92
TP2: 2.84
Reason: $XRP is showing clear rejection at resistance with lower highs forming, suggesting downside pressure as long as it trades below 3.12.