#XRPUSDT – Bearish Scenario, Expecting a Breakdown

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📉 SHORT XRPUSDT.P from $2.1484
🛡 Stop Loss: $2.1881

⏱ 1H Timeframe

⚡ Trade Plan:
✅ The XRPUSDT.P price is consolidating below POC (Point of Control) at $2.2119, indicating strong seller dominance.
✅ Attempts to push higher have been quickly rejected, suggesting buyer weakness.
✅ If the current support breaks, a strong downward move is likely.

🎯 TP Targets:
💎 TP 1: $2.1240
🔥 TP 2: $2.0930
⚡ TP 3: $2.0680

📢 A close below $2.1484 would confirm further downside movement.
📢 POC at $2.2119 is a major volume area, now acting as resistance.
📢 Increasing volume on the drop supports the bearish outlook.
📢 Taking partial profits at TP1 ($2.1240) is a smart risk-management strategy.

🚨 XRPUSDT.P remains under selling pressure – monitoring for confirmation and securing profits at TP levels!

Penafian

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