๐Ÿ”ฅ $XRP /USDT โ€“ Critical Levels & Trade Setup! ๐Ÿ”ฅ


๐Ÿ“‰ Current Price: $2.52875 (-1.76%) โ€“ XRP is consolidating after a volatile move, gearing up for the next breakout!
๐Ÿ“Š 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.
๐Ÿ“Œ Key Levels:
Resistance: $2.5600 - $2.6300 (Rejection zone)
Support: $2.5000 - $2.4700 (Demand area)
๐Ÿ“‰ Bearish Trade Setup:
๐Ÿ”น Entry Zone: $2.5400 - $2.5600 (Short on rejection)
๐Ÿ”น Stop Loss: $2.6200 (Above resistance to avoid fake-outs)
๐ŸŽฏ Take Profit Targets:
โœ… TP1: $2.5000
โœ… TP2: $2.4700
โœ… TP3: $2.4200
๐Ÿ’ก Trade Rationale:
Weak bullish momentum after resistance rejection.
Lower highs forming โ€“ a sign of buyer exhaustion.
Bearish divergence on lower timeframes, signaling downside pressure.
โš  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! ๐Ÿš€๐Ÿ“‰
#Gate.io Has Officially Partnered with Oracle Red Bull Racing
#Market Dip: What to Buy?
#Weekend Market Analysis #BTC #GateioInto11
XRP-2,01%
XRP5S8,98%
XRP3S5,57%
LINK5S4,15%
IP-0,79%
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