$XRP is showing a bearish breakdown setup after losing its nearby $1.17 support area. Sellers remain in a stronger position unless buyers reclaim the broken level, making a recovery toward resistance a potential rejection opportunity.

EP: $1.1800–$1.2000
TP1: $1.1500
TP2: $1.1200
TP3: $1.1000
SL: $1.2300

The $1.17 level is an important former support area that may now act as resistance. A rejection from the entry zone could expose lower liquidity near $1.15 and $1.10. If buyers reclaim $1.23, the bearish setup becomes invalid. Wait for confirmation rather than chasing the decline.#JobsReportRaisesHikeOdds #WillAnthropicListOnTime #HKSFCPlansToRestrictCryptoAndExchangeTerms