XRPUSDT Breakdown: Descending Triangle Targets $1.05 LiquidityXRP / TetherUSBINANCE:XRPUSDTXAUApex🔹 XRPUSDT is showing a bearish market structure, with price forming a descending triangle pattern through consistent lower highs against a relatively stable support zone. The recent breakdown below the horizontal support area around 1.28–1.30 suggests increasing selling pressure and weakening buyer momentum. Price is currently trading near 1.20, indicating that sellers have gained short-term control. The previous support zone could now act as resistance, making the next price reaction important for understanding the continuation of the trend. 🔸 From a technical analysis perspective, XRPUSDT could remain under bearish pressure if price struggles to reclaim the broken support zone. Further downside may bring the highlighted liquidity area around 1.05 into focus. However, a recovery above resistance could suggest a potential shift in short-term market structure. Traders may wait for clear price action confirmation before considering any trade. If the current bearish structure remains intact, additional downside could remain possible. This analysis is for educational purposes only and does not constitute financial or investment advice. Always conduct your own research before making trading decisions.