$XRP /USDT – BEARISH SLIDE CONTINUES! ⚠️📉
$XRP is struggling to hold ground after a 2.30% drop, failing to bounce from local support and showing signs of further downside pressure. Sellers are dominating below the $2.18 resistance level.
📊 Current Price: $2.1190
🔍 Key Levels:
Resistance Zones:
🔴 $2.1600 – $2.1800 (Recent rejection zone)
🔴 $2.1400 (Immediate overhead resistance)
Support Zones:
🟢 $2.0850 (Near-term support)
🟢 $2.0500 (Stronger support zone and target area)
💥 TRADE SETUP: SHORT ENTRY
📉 Entry: $2.13 – $2.14
🎯 Target 1 (TP1): $2.085
🎯 Target 2 (TP2): $2.050
🛑 Stop Loss (SL): $2.180
📌 Risk Management Tips:
✔️ Use strict SL – don’t chase price
✔️ Risk only 1–2% of your capital
✔️ Take profits gradually as price nears support
🚨 Summary: With XRP unable to reclaim the $2.18 level and breaking under $2.12, bears are tightening their grip. Expect a drop toward $2.05 if momentum continues! 📉⚠️
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