$XRP /USDT BEARISH BREAKOUT LIKELY AS PRICE DROPS BELOW MOVING AVERAGES šŸšØšŸ“‰

XRP/USDT is currently under bearish pressure, trading at $3.05 (-1.60%), after rejecting the $3.17 high. Price has slipped below the MA(7) - $3.0602, MA(25) - $3.0874, and MA(99) - $3.1183, confirming downside momentum. With low support in the current zone and volume fading, bears are gaining control.

šŸ“Š Key Levels:

Resistance: $3.0874 šŸ”¼ / $3.1183 šŸ”¼

Support: $3.0444 šŸ”½ / $3.0000 šŸ”½

Current Price: $3.0528 šŸ“

šŸ“‰ Trade Setup ā€“ SHORT Entry:

Entry Zone: $3.06 - $3.07

Take Profits (TP):

TP1: $3.044

TP2: $3.000

TP3: $2.950

Stop Loss (SL): $3.12

šŸ›”ļø Risk Management:

Limit your position size to 1ā€“2% of total capital, and always adjust your SL after TP1 to secure profits. Stick to your strategy, and avoid emotional decisions! āš ļøšŸ“Š

#XRP #XRPUSDT #CryptoBearish #TechnicalAnalysis #TradeWithDiscipline #Write2Earn $XRP