Sharp pullback into demand followed by a reactive bounce. Trend is still corrective, but downside momentum is slowing. Price is compressing under key MAs — reclaim = breakout risk, rejection = continuation lower.
Market Structure • Trend: Short-term bearish, mid-range correction • Momentum: Selling pressure weakening • Behavior: Base attempt after liquidity sweep
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$XRP
Sharp pullback into demand followed by a reactive bounce. Trend is still corrective, but downside momentum is slowing. Price is compressing under key MAs — reclaim = breakout risk, rejection = continuation lower.
Market Structure • Trend: Short-term bearish, mid-range correction
• Momentum: Selling pressure weakening
• Behavior: Base attempt after liquidity sweep
Key Levels • Support: 2.05 – 2.02
• Resistance: 2.18 / 2.30 / 2.42
Trade Setup • Entry Zone: 2.10 – 2.16
• TP1: 2.18
• TP2: 2.30
• TP3: 2.42
• Stop-Loss: 2.01
Above 2.18, momentum flips. Lose 2.05 and bears stay in control.
#XRP #Crypto #Market