$XRP /USDT – SHORT TRADE SIGNAL

XRP is currently trading at 2.8481 USDT, showing weakness after hitting a 24h high of 2.9289 and dropping to the 24h low of 2.8341. Price is hugging the lower Bollinger Band (2.8410), indicating bearish pressure. The latest 1H candle confirms a breakdown below the middle band (2.8773), suggesting continuation to the downside.

Trade Setup:

🔻 Short Entry: 2.8450

🎯 TP1: 2.8200

🎯 TP2: 2.8000

🛑 SL: 2.8800

Positioning:

Price is near the lower Bollinger Band with declining momentum. Avoid long trades until a confirmed reversal. Short setup favored due to breakdown and volume confirmation.

Market Outlook:

Bearish bias in short term. Watch for further downside unless price reclaims 2.8773 with strength.

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