đš $XRP /USDT ANALYSIS: ON THE BRINK OF A MOVE! đš
$XRP is trading at 1.4735, showing sideways movement with decreasing momentum. A breakout from this consolidation is imminent.
đĄ Key Levels to Watch:
âą Resistance: 1.5217, 1.6300, 1.6707
âą Support: 1.4292, 1.3056, 1.1610
đ Long Entry: Above 1.5217, targets at 1.6300, 1.6707, and 1.7200. Stop Loss: 1.4800
đ Short Entry: Below 1.4292, targets at 1.3056, 1.1610, and 1.1000. Stop Loss: 1.4500
â ïž Market Outlook: XRP is forming a potential bullish pennant. If resistance breaks, expect a strong rally. Otherwise, a bearish pullback may follow. Suggested leverage: 5xâ10x for optimal risk management.