🚨 $XRP
USDT BEARISH PRESSURE – WILL $2.165 SUPPORT HOLD THIS SLIDE?
$XRP is trading at $2.1853, showing continued bearish momentum after rejection from the $2.20-$2.21 resistance zone. Price action remains weak with consistent lower highs and lows on the 15m timeframe, indicating sellers are still in control.
🔑 Key Levels:
Resistance: $2.20 – $2.21
Support: $2.1650 (strong intraday support and daily low)
📊 Trade Setup:
Bias: Short (Bearish)
Entry Zone: $2.1850 – $2.1950
Take Profits:
TP1: $2.1700
TP2: $2.1600
Stop Loss: $2.2050
📉 Short Market Outlook: XRP remains in a micro downtrend with sellers pushing below key support levels. If $2.1650 breaks, the next potential downside targets lie near $2.1500-$2.1400. Bulls need a strong reclaim above $2.21 to shift short-term sentiment back to bullish.
⚠️ Risk Management: Use strict stop losses and keep risk per trade within 1-2% of your portfolio. Avoid revenge trades in volatile conditions and maintain emotional discipline.
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