š Trade Setup: $XRP ā Momentum Breakdown Below $2.00
XRP has lost the psychological 2.00 support, breaking structure with heavy volume. Price remains below EMAs and MACD continues expanding bearish momentum.
š» Short Entry: 1.98ā2.01 USDT (on retest of broken support)
šÆ Take-Profit Targets:
TP1: 1.95 USDT ā Short-term liquidity pocket
TP2: 1.88ā1.90 USDT ā 4H demand + BB lower
š Stop-Loss: ā 2.05 USDT (Above EMA50 + failed breakdown zone)
š Risk:Reward: ~1:2+
ā ļø Risk Factors
XRP highly sensitive to legal/news catalysts
RSI oversold ā sharp bounce risk
Invalidation above 2.05
#xrp #CryptoFutures #altcoins #TechnicalAnalysis #BinanceSquare

