$XRP /USDT TECHNICAL ANALYSIS – BEARISH CONTINUATION

$XRP /USDT is facing strong selling pressure after failing to hold above key resistance levels. The 4H and 1D charts show lower highs forming, with EMA trending downward and MACD signaling bearish momentum. Bollinger Bands indicate increasing volatility to the downside, while volume confirms selling dominance. Price is approaching critical support, suggesting further downside potential.

Trade Idea:

Entry (Short): Below current support zone

Targets (TP): TP1: 2.0313, TP2: 2.0123, TP3: 2.0000

Stop Loss (SL): Above recent swing high

Risk Management: Risk max 2% per trade, tighten SL in volatile conditions, and scale out partial positions at each target to secure gains.

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