$XRP USDT – SHORT TRADE SIGNAL 🔴

🔻SUPPORT BREAK UNDER 2.8967

📉BEARISH ENGULFING AFTER CONSOLIDATION

XRP has broken below a critical support at 2.8967, following a rejection near 2.9591. The current candle confirms a bearish engulfing pattern, suggesting further downside pressure. The price is now trading under a key demand zone flip, increasing the probability of a deeper drop.

🔽Trade Setup

• Entry Point: 2.8860 – 2.8967

• Stop Loss: 2.9397

• Take Profit:

 1️⃣ TP1: 2.8265

 2️⃣ TP2: 2.7648

• Margin: 2–3% of wallet

• Leverage: 10x

📉Market Outlook:

Downtrend likely to continue as bearish volume builds. Watch for further selling momentum if price stays under 2.8967. Any bounce into resistance can offer reload zones for shorts.

XRPUSDT

Perp

1.4676

-1.99%

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