$XRP /USDT Trade Analysis – 15M Chart (Binance)

Market Overview:

Current Price: $2.6424

24H Change: -2.48%

24H High: $2.7473

24H Low: $2.6396

Trend: Bearish with downward momentum

Key Levels:

Resistance: $2.6700, $2.7000, $2.7400

Support: $2.6400, $2.6200, $2.6000

Trade Setups:

🔴 Short Setup (Trend Continuation):

Entry: Below $2.6400 (Break of Local Support)

Take Profit: $2.6200, $2.6000, $2.5800

Stop Loss: $2.6700

🟢 Long Setup (Reversal Play):

Entry: Above $2.6700 (Reclaiming Resistance Level)

Take Profit: $2.7000, $2.7300, $2.7500

Stop Loss: $2.6400

Market Insights:

XRP is currently in a strong downtrend, approaching key support at $2.6400.

If $2.6400 breaks, expect continuation down towards $2.6000.

For bulls to take control, XRP needs to reclaim $2.6700 and sustain momentum.

Volume and price action confirmation is crucial for entry.

Risk Management:

Avoid chasing shorts too late; wait for confirmation.

Monitor price action around $2.6400 for potential breakdown or reversal.

Stick to tight stop losses to protect capital.

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