$XRP P/USDT Trading Analysis: Support & Resistance Key Levels!🔥💯
The 30-min chart highlights a bearish channel breakout between key zones:
• Resistance: $2.45
• Support: $2.35
The price failed to hold above $2.45 resistance and retraced to support.
Long Trade Setup:
• Entry Zone: $2.37 - $2.39
• Targets: $2.43 / $2.45 / $2.48
• Stop Loss: Below $2.34
If the price bounces strongly from $2.35 support, it could signal a reversal. A breakout above $2.45 confirms bullish momentum for higher levels. Watch volume closely for a valid move.
Short-Term Caution: Failure to hold $2.35 may trigger a bearish continuation towards $2.30.
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