🚨 $XRP Pulls Back After Major Surge – Decision Point Ahead! 🚨
$XRP is trading at 1.4404, down 6.92%, after peaking at 1.6300 during its recent rally. This pullback could signal consolidation before the next major move.
💡 Key Levels to Watch: 💡
Resistance: 1.6300 – A breakout above this level could push $XRP toward 1.7500 and 1.9000.
Support: 1.3000 – Holding this level is critical to avoid further downside pressure.
⚠️ Trade Setup:
Long Entry: Above 1.5000 for targets at 1.6300, 1.7500, and 1.9000.
Short Entry: Below 1.3000 with targets at 1.2000, 1.1000, and 1.0000.
Stop Loss: Use stops at nearby support or resistance levels to manage risk effectively.