📢 $XRP /USDT Trade Setup — Bearish Bias Active! ⚠️
📊 Short-Term Technical Breakdown (15m - 1h - 4h)
Current Price: $1.9968
24h Drop: -5.90%
24h High/Low: $2.1592 / $1.9758
Volume (USDT): $289.28M
Volume (XRP): 140.52M
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📉 Why a Bearish Setup?
1️⃣ Sharp Sell-Off from $2.15+ Zone
🔹 XRP dropped hard from the $2.15 resistance, signaling a major rejection.
🔹 This area acted as a historical supply zone and remains a strong ceiling.
2️⃣ Price Nearing Breakdown Below Key Support ($1.9750) ⚠️
🔹 XRP is hovering just above $1.9750, a key intraday support.
🔹 A clean break below may lead to acceleration toward $1.9400 – $1.9000.
3️⃣ Bearish Momentum Confirmed by Volume + Candle Structure
🔹 Lower highs + bearish candles showing clear downside pressure.
🔹 No bullish absorption seen near $2.00 yet = more downside likely.
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📊 Short Setup Idea
🔻 Short Entry: $2.02 - $2.04 (on a rejection wick or failed breakout)
🎯 Targets: $1.975, $1.94, $1.90
🛑 Stop Loss: $2.08 (above last minor lower high)
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✅ Breakdown Confirmation:
Close below $1.9750 on 15m/1h = trigger
Volume spike on red candle = sellers stepping in
No fast bounce = confidence in short continuation
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⚠️ Risk Management Tips:
SL tight above $2.08, trail profits if $1.94 breaks
Watch for bounce signs around $1.90-$1.94 to exit or scale out
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Bias: Bearish (Below $2.05)
Only flip bias to neutral if XRP reclaims $2.08+ with strong volume.