📉 $XRP — SHORT-TERM BEARISH STRUCTURE ⚠️📊📌

XRP
XRP
2.0674
-2.30%

🔹 Pair: XRP / USDT

🔹 Timeframe: 15m

🔹 Bias: Short (sell on pullback)

📥 Entry Zone:

2.105 – 2.115

🎯 Targets:

• TP1: 2.085

• TP2: 2.065

• TP3: 2.040

🛑 Stop-Loss:

2.135 (above recent lower high)

📌 Technical Analysis

XRPUSDT has broken down from a short-term consolidation range, followed by a strong bearish impulse. Price attempted a weak rebound but failed to reclaim prior support, which is now acting as resistance.

The structure shows lower highs and lower lows, indicating sellers are in control. The current price action suggests a bearish continuation unless bulls manage to reclaim the breakdown zone with strong volume.

Liquidity sweep to the downside followed by a weak recovery strengthens the probability of further downside toward lower support levels.

⚠️ Risk Management

Avoid over-leverage and risk only a small portion of capital per trade. Partial profits are recommended at TP1, with stop-loss adjustment to breakeven to protect gains.

#XRPUSDT #CryptoTrading #BinanceSquare

#analysis