🚀 $XRP Short Setup Alert, Bear Analysis

$XRP /USDT shows bearish momentum after a strong rejection from the 2.19–2.25 supply zone, followed by a fresh breakdown into the 2.06–2.07 area. With price staying below 2.12, a move toward the 2.00 support looks probable.

📊 Market Snapshot

Timeframe Analyzed: 1H

Current Price: 2.0691

24h High: 2.1650

24h Low: 2.0650

Volume: 204.04M USDT

📌 Key Levels to Watch

Support: 2.0650, 2.0400, 2.0000, 1.9500

Resistance: 2.1200, 2.1650, 2.1924

🎯 Trade Setup

Entry Zone: 2.095 to 2.120

TP1: 2.0400

TP2: 2.0000

TP3: 1.9500

SL: 2.1930

⚠️ Invalidation

Setup invalid if price reclaims 2.1650 and then closes 1H above 2.1924.

✨ Summary

Bearish continuation is favored. As long as price stays below the stated resistance zone, the path toward 1.9500 remains in play. Watch for a pullback into 2.10–2.12 and rejection, or a clean break below 2.0650 to confirm continuation.

XRP

1.401

-2.87%