$XRP /USDT BEARISH SETUP AS MOMENTUM SLOWS NEAR RESISTANCE ā ļøš
š Current Price: $2.9728
š 24h Range: $2.8920 ā $3.0590
š KEY LEVELS:
šŗ Resistance:
$3.0600 ā Recent local top
$3.1000 ā Strong resistance zone
š» Support:
$2.9400 ā Immediate support
$2.8800 ā Key demand zone
š» TRADE SETUP ā SHORT ENTRY IDEA:
š„ Entry Zone: $2.98 ā $3.00 (after weak bounce)
šÆ Targets (TP):
TP1: $2.94
TP2: $2.88
TP3: $2.80 (extended target)
š”ļø Stop Loss (SL): $3.08 (above resistance rejection)
š TECHNICAL INSIGHT:
XRP showing signs of exhaustion near $3.06 resistance with small-bodied candles and decreasing volume. A breakdown below $2.94 could trigger stronger downside.
ā ļø RISK MANAGEMENT:
Risk only 1-2% of your capital. Stick to SL and avoid revenge trading. Patience = Profits.
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