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🔥 $XRP /USDT – Critical Levels & Trade Setup! 🔥
📉 Current Price: $2.52875 (-1.76%) – XRP is consolidating after a volatile move, gearing up for the next breakout!
📊 Market Structure:
XRP recently tested a key resistance at $2.6310 but failed to sustain, leading to a pullback towards $2.5200 support. If buyers fail to hold this zone, a deeper correction may follow.
📌 Key Levels:
Resistance: $2.5600 - $2.6300 (Rejection zone)
Support: $2.5000 - $2.4700 (Demand area)
📉 Bearish Trade Setup:
🔹 Entry Zone: $2.5400 - $2.5600 (Short on rejection)
🔹 Stop Loss: $2.6200 (Above resistance to avoid fake-outs)
🎯 Take Profit Targets:
✅ TP1: $2.5000
✅ TP2: $2.4700
✅ TP3: $2.4200
💡 Trade Rationale:
Weak bullish momentum after resistance rejection.
Lower highs forming – a sign of buyer exhaustion.
Bearish divergence on lower timeframes, signaling downside pressure.
⚠ Risk Management:
A breakdown below $2.5000 could trigger further selling pressure, making this a high-probability short setup. Watch for volume confirmation before entering! 🚀📉
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