$XRP /USDT BEARS TIGHTEN GRIP AS PRICE SLIPS BELOW KEY SUPPORT!
Immediate Explanation:
The $XRP/USDT pair is showing clear signs of bearish momentum as the price slips to 2.1266, breaking below a minor support at 2.1293. The consistent lower highs and bearish candles signal strong selling pressure. With no immediate bullish reversal patterns visible, a retest of the 2.1000–2.0700 support zone is likely in the short term.
🔻 Trade Setup – SHORT Entry:
Entry: 2.1260
Targets (TP): 2.1000 / 2.0824 / 2.0700
Stop Loss (SL): 2.1400
🧭 Market Outlook:
XRP is currently under bearish control in the short term. A further drop is expected unless bulls defend the 2.1000 level with volume. If this zone breaks, the price could swiftly test lower supports around 2.0000.
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