š $XRP /USDT ā BEARISH PRESSURE STILL IN PLAY DESPITE MINOR BOUNCE š
XRP/USDT is trading at 2.9590 after rebounding from the 2.8959 low. However, price remains below the MA(25) at 2.9819 and MA(99) at 2.9824, indicating bearish control. Unless bulls reclaim 2.9820 decisively, downside continuation remains likely.
šÆ Trade Setup (Short):
Entry Zone: 2.9550 ā 2.9700
Take Profit 1: 2.9200
Take Profit 2: 2.8950
Stop Loss: 3.0000
š Market Outlook:
Momentum remains weak as sellers dominate below key moving averages. A break under 2.8950 could trigger further declines, while only a sustained move above 2.9820 can shift sentiment bullish.
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buy and trade here on$XRP