$XRP /USDT – Breakdown Watch Below $1.95❗️
Current Price: $1.9642 (+6.94%)
$XRP is flashing early weakness after a powerful rally. A key support retest is underway – and a breakdown could trigger a swift downside move.
Key Resistance: $2.05 – $2.09
Support Zone: $1.95 – $1.90
Short Trade Setup:
• Entry Zone: $1.950 – $1.970 (on breakdown candle close)
• Target 1: $1.90
• Target 2: $1.83
• Stop Loss: $2.02
Market Insight:
Price is forming lower highs while testing horizontal support. This compression signals a potential breakdown if $1.95 fails.
Pro Tip: Look for volume spike + candle close below $1.95 for confirmation. Perfect setup for intraday shorts!
If bulls fumble here, bears are ready to steal the show – stay sharp!
$XRP