BREAKING🚨XRP rejected at key level, plunging below $2 as market structure turns bearish.

The failed breakout attempt created a classic bull trap, inviting aggressive selling pressure. This move swiftly cleared out over-leveraged long positions, causing a cascade of liquidations.

The sharp reversal has flipped the short-term technical structure decisively bearish. Sellers are now in control, pressing the tape and targeting lower support levels.

This is a critical technical breakdown for $XRP

XRP

1.633

-7.21%

. The next major support zone will be crucial to determine if this is a healthy correction or the start of a deeper retracement. #MarketRebound #BTC100kNext? #BTCVSGOLD