$XRP /USDT: Bounce or Breakdown? Short Trade Setup 🔥💯
Market Overview: XRP/USDT is facing significant resistance near $3.25 with repeated failures to sustain above this level. Current price action around $3.20 indicates a potential bearish continuation.
Trade Signal:
• Entry: $3.2000
• Take Profit 1 (TP1): $3.1500
• Take Profit 2 (TP2): $3.1000
• Stop Loss (SL): $3.2700
Rationale: Consistent rejection at higher levels with a bearish bias suggests sellers are in control. Ideal for a short position with manageable risk.
Risk Management: Use a strict SL and avoid over-leveraging, as volatility could increase.
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