🔻 $XRP /USDT short trade signal 🛑 🚦
BREAKING DOWN – BEARS TAKE THE WHEEL AFTER SIDEWAYS CHOP!
$XRP is currently trading at $2.4379 (-0.45%), slipping fast after repeated failures to break above $2.4729. The 15m chart shows a strong bearish engulfing candle, confirming momentum shift to the downside.
Key Levels:
Resistance: $2.4580 / $2.4729
Support: $2.4240 / $2.4030
Current Price: $2.4379
Trade Setup – SHORT Position:
Entry: $2.4380 – $2.4450
Take Profit (TP): $2.4240 / $2.4100
Stop Loss (SL): $2.4570
Market Outlook:
After a prolonged consolidation, XRP has finally broken lower. Volume is building on red candles, suggesting a potential move toward support at $2.42 and below.
Risk Management:
Use a tight stop loss and keep risk at 1–2% max. Don’t add to losing positions—protect your capital.
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