$XRP /USDT BEARISH PRESSURE EMERGING — KEY SUPPORT AT 1.346 ⚠️
$XRP is trading at 1.3640, slightly below MA(7) at 1.3675 and just above MA(25) at 1.3614. Price recently rejected from 1.4082 high, forming lower highs while MACD shows minimal bullish momentum (DIF 0.0021 > DEA 0.0019). A breakdown below 1.346 could trigger further short-term downside toward 1.34–1.33.
📌 Trade Setup
Entry Zone (Short):
1.364 – 1.368 (sell on pullback to MA resistance)
Take Profit Targets:
TP1: 1.346
TP2: 1.338
TP3: 1.330
Stop Loss:
1.374 (above recent high / MA cluster)
📊 Short Market Outlook
Trend: Short-term bearish
Momentum: Weak MACD
Key Support: 1.346 / 1.338
Key Resistance: 1.368 / 1.374
Price holding below 1.368 favors bears; break under 1.346 accelerates downside. Only reclaiming 1.374 would shift bias bullish.
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