$XRP /USDT – BEARS ARE PRESSURING THE MARKET, BUT A RECOVERY MOVE COULD EMERGE FROM SUPPORT 🚨
$XRP /USDT is currently trading around 1.1366 after facing rejection from the 1.1535 resistance area. The chart shows a pullback from higher levels, with price testing the 1.12–1.13 support zone. Buyers need to defend this area to prevent further downside and regain momentum. A strong bounce from support could lead to a recovery toward nearby resistance levels.
📈 Trade Setup (Long)
Entry: 1.1250 – 1.1380
TP1: 1.1550
TP2: 1.1800
TP3: 1.2200
SL: 1.1050
⚠️ Invalidation: A breakdown below 1.1050 could increase bearish pressure and open the way toward lower support levels.
📊 Market Outlook
The short-term outlook is cautious as XRP remains under selling pressure after its recent decline. Bulls must reclaim the 1.15 zone to confirm strength, while holding above 1.12 support could provide the foundation for a potential rebound.
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