$XRP
/USDT BEARISH STRUCTURE – SELL PRESSURE DOMINATES
$XRP/USDT is trading under a clear bearish market structure after strong rejection from the upper resistance zone. Price continues to hold below key supply levels, forming lower highs and signaling weakening bullish momentum. As long as price remains below resistance, further downside toward demand zones is favored.
Trade Setup (SHORT)
Entry Zone: 2.02 – 2.08
Stop Loss: 2.18
Targets:
TP1: 1.88
TP2: 1.77
TP3: 1.65
Failure to reclaim the resistance zone is likely to extend the bearish move.
Risk Management:
Risk only 1–2% of total capital per trade, take partial profits at each target, and move stop loss to breakeven once TP1 is achieved.
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