$XRP /USDT – BEARS IN CONTROL, LOWER LEVELS STILL AT RISK
Market Next Move (Bearish):
XRP is showing clear bearish dominance after a strong rejection from the 1.59–1.49 supply zone. Price has broken below key intraday supports and is consolidating near the lows around 1.36–1.34, indicating weak buying interest. Volume favors sellers, and unless XRP reclaims the broken resistance, the probability remains tilted toward further downside or extended consolidation before any meaningful bounce.
Trade Setup (Short – Preferred)
Entry Zone: 1.38 – 1.42 (pullback into resistance)
Stop Loss (SL): 1.49
Take Profit Targets:
TP1: 1.34
TP2: 1.30
TP3: 1.25
Risk management is key — trail SL if TP1 is achieved.
Alternate Scenario (Bullish Reversal – Conditional)
If price reclaims and sustains above 1.49, bearish bias weakens.
Bullish Targets: 1.55 → 1.59
(This scenario is valid only after a strong breakout with volume.)
Market Outlook:
Overall structure remains bearish on lower timeframes. XRP needs a strong reclaim above the supply zone to shift momentum. Until then, rallies are likely to be sold, and caution is advised for long positions.
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