🎯 $XRP Trade Idea: Short Position (Bearish Setup)

Entry: ~ $2.90

Take Profit (TP): ~ $2.75

Stop Loss (SL): ~ $3.00

This gives you a risk of ~$0.10 and potential reward of ~$0.15, which is a 1.5:1 reward:risk ratio.

If price breaches above $3.00 (strong resistance), it invalidates the bearish bias.

✅ Rationale & Key Levels to Watch

$XRP is facing resistance in the $2.95–$3.00 area.

If support around ~$2.80–$2.77 fails, downside momentum could accelerate.

A breakdown from that resistance zone could see a drop toward $2.75 or lower.

Conversely, if bulls take over, a move above $3.00–$3.10 would shift the bias.

XRPUSDT

Perp

2.0164

-0.46%