$XRP /USDT short trade signal 🚦 🔴
BEARISH BREAKDOWN – FREEFALL CONTINUES AFTER KEY SUPPORT COLLAPSE!
$XRP is trading at $2.0976 after plunging -5.07%, breaking below key support near $2.14. The hourly chart shows a strong bearish sequence with consecutive red candles and a fresh low at $2.0591. The bounce looks weak compared to the sell-off, suggesting that downward pressure is still dominant.
Trade Setup (SHORT):
Entry Zone: $2.10 – $2.14
Target 1: $2.00
Target 2: $1.92
Stop Loss: $2.1650
Why Short?
The breakdown from the $2.14 support with high sell volume signals strong bearish control. Buyers attempted a small recovery, but the structure remains tilted towards sellers. Unless reclaims $2.1650 with volume, it risks sliding further toward psychological and technical demand levels.
Risk Management Tip:
Stick to your SL. If price retests $2.1650 with strength, reconsider the setup. Don’t add to losers — only trail stop when the first target is in range.
Sell smart — don’t chase green candles when the trend is turning red!
This breakdown favors early bears — trade with discipline, secure your gains!
buy and trade here on $XRP