XRPUSDT ! The price is in a downtrend. Resistance testing 😼

XRPUSDT is trading in a fairly wide price channel, which coincides with the global trend. On the chart, we have a falling channel and testing the price of the upper limit of the declining range.

Above the level of 0.3912, there is a liquidity zone on the chart, which can be like a trigger point for the price, after which a fall may follow.

I assume that the price may make a false breakout of 0.3912 and, after fixing the price below the level, start falling. The short-term target for a pullback is the level of 0.3755, and the medium-term target is 0.3565

Sincerely, R. Linda!