$XRP /USDT Retracement in Progress: Rebound or Further Drop? 🚀
XRP is trading at $2.1582, down 2.09% after reaching a daily high of $2.2163. The price is showing a retracement and testing key support levels, which could set up for a potential rebound if buyers step in.
Trade Setup:
Entry Zone: $2.1500 - $2.1600
Target 1: $2.1800 (short-term recovery)
Target 2: $2.2000 (retracement level)
Stop Loss: $2.1200 (below key support)
Watch for volume confirmation near $2.1500 for signs of recovery. Keep risk managed with a tight stop-loss, as further weakness could push the price below support. Stay prepared for rapid moves!