$XRP USDT Technical Update Short Thrilling Alert
Trend Still downtrend dominant upside is corrective bounce, not confirmed reversal
Price Now $194 USDT
STRUCTURE Quick TLDR
Sellers are stepping in lower the red descending trendline is holding resistance
The recent low around $177$180 was defended and sparked a bounce
KEY LEVELS TO WATCH
Support $177$180 critical floor Close below here deeper selloff and trend continuation
First Resistance $200$210 major barrier and trendline confluence
Secondary Resistance $225$230 next supply zone if breakout happens
TREND SIGNALS
As long as price stays below the falling red trendline and under 210the higherprobability move is bearish
Relief bounce likely to fade near 20 21 resistance unless buyers get control
BULLISH SETUP Conditional
A clear 4hour candle close above the red trendline 210230 zone increases the chance of bullish trend change possibly targeting 250
BEARISH CONFIRM If breaks
A decisive close below $177 signals continuation of the selloff with deeper downside risk
Conclusion for Posting
Trend still down current rally is a relief bounce toward 2 021Only a breakout above the red trendline and 2123 would confirm a bullish reversal while a drop back under 177 would signal continuation of the selloff
Market remains volatile technicals favor sellers until structural breakout confirmed
