$XRP $XRP $XRP
✨XRP/USDT Perpetual Futures Trading Strategy✅
🏆Key Levels
Immediate Resistance (Target 1): $1.1127
Secondary Resistance (Target 2): $1.2700
Extended Resistance: $1.2949
Immediate Support (Stop Loss): $0.9307
Critical Support: $0.9055
Extended Support: $0.7734
✨Trading Plan
Entry Zone: $1.0400 to $1.0600
Watch for a bounce or consolidation near $1.0400 for entry.
Targets:
Target 1: $1.1127
Target 2: $1.2700
Extended Target: $1.2949
Stop Loss:
$0.9307 for short-term trades.
$0.9055 for medium-term positions.
💫Risk Management
Leverage: Use moderate leverage (e.g., 3x–5x) to limit liquidation risks.
Risk-to-Reward Ratio: Aim for a 1:2 or 1:3 ratio.
📌Market Conditions
Trend: Strong bullish momentum, with XRP up 16.47%.
Volume: Robust trading activity (24h volume: 9.56B XRP, 10.47B USDT).
If $1.1127 breaks with increased buying volume, the price could quickly rally to $1.2700 or higher. A breakdown below $0.9307 may lead to further retracement toward $0.7734, signaling caution.
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