📉 XRP/USDT Trade Idea
Bias: Bearish (trend continuation)
Trend: Daily chart shows lower highs and lower lows. Price is trading below key EMAs.
Entry Area: 1.9000 – 1.9050 (after breakdown)
Stop Loss: 1.9250 (above EMA25 and the 24h high)
Take Profit Targets:
🎯 TP1: 1.8800 – Near-term support
🎯 TP2: 1.8650 – Previous swing low
🎯 TP3: 1.8450 – Strong higher-timeframe support
Why this setup makes sense:
• Price lost support at EMA7 (1.9055)
• XRP is trading below EMA25 and EMA99
• Strong rejection near 1.9240 shows sellers are active
• Heavy sell volume (~28.9M XRP) confirms bearish pressure
• Market structure points to a move toward 1.88 and possibly lower
⚠️ Trade smart and manage risk.
XRPUSDT
Perp
1.9071
-0.51%