🚨 $XRP /USDT – Sharp Drop After Tapping $2.14 High! Bearish Pressure Emerging 🚨

XRP saw a strong run-up to $2.1409, but couldn’t hold momentum and is now trading at $2.0691 (+0.65%). The chart shows a clear rejection near the top with steep selling pressure pulling price back below the $2.08 support area.

24H Stats:

High: $2.1409

Low: $2.0550

Volume: 133.33M XRP / $280.81M USDT

Technical Insight:

The 15-minute chart reveals lower highs forming post-peak and increasing red candle dominance. A drop from $2.12 to $2.06 signals a bearish short-term trend. Watch the $2.05–$2.06 zone — if lost, further downside could trigger.

Trade Signal – SHORT SETUP IN PLAY:

Entry Zone: $2.07 – $2.09

Target 1: $2.045

Target 2: $2.015

Final Target: $1.980

Stop Loss: $2.115

Why This Trade Makes Sense:

The breakdown from the $2.14 rejection shows fading buyer strength and momentum shift to sellers. Lower high structure confirms the bearish transition.

Pro Tip:

Avoid late entries. If XRP shows a sudden reclaim above $2.11 with volume, reassess and tighten SL to reduce risk.

#XRPUSDT #BinanceTrade #CryptoSetup #XRPSignal #BearishMomentum