$XRP /USDT BEARISH PRESSURE REMAINS — REJECTION EXPECTED BELOW RESISTANCE! ⚠️📉
$XRP /USDT is currently trading at 2.0838, showing weak recovery attempts after a strong downtrend from the 2.2475 top. Price has failed to reclaim the 2.1023 level and is likely to face rejection again if momentum doesn't pick up.
Key Levels:
Resistance: 2.1023 / 2.1547
Support: 2.0434 / 2.0095
Current Price: 2.0838
Trade Setup (Short Entry):
Entry Zone: 2.0850 – 2.1000
Take Profits (TP): 2.0430 / 2.0150 / 2.0000
Stop Loss (SL): 2.1110
Risk Management:
Keep risk under control with a 1-2% exposure per trade. Adjust SL to breakeven after TP1 to secure downside gains and reduce loss potential.
Market remains under bearish grip — stay sharp for downside moves!