$XRP 🦅🦅🦅/USDT Bearish Trade Alert! 📉🔥Bearish momentum building—be ready for the downside! 📉🔥
Current Price: $3.0745
Bearish Trade Setup
Entry Zone: $3.0600 - $3.0900
Support Levels:
S1: $3.0500
S2: $3.0000
S3: $2.9500
Targets:
T1: $3.0500
T2: $3.0000
T3: $2.9500
Stop Loss: $3.1200
Market Insights🦅
$XRP is currently down -1.60%, with the price hovering near $3.07, just above 24h low of $3.0710, and a 24h high of $3.1544.
The price is showing signs of weakening after failing to hold above the $3.10 level, potentially signaling a bearish breakdown.
RSI is showing weakening momentum, with a potential move lower if XRP breaks the $3.05 support.
Volume suggests moderate selling pressure, and a move below $3.05 could trigger a further decline toward $3.00.
Pro Tip🦅
Monitor for a breakdown below $3.05 for confirmation of the bearish setup.
Lock in profits at support levels like $3.05 or $3.00, and use a trailing stop loss if the price moves lower.
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