URGENT TRADE ALERT: $XRP ON THE EDGE OF A MAJOR MOVE! š„šÆ
Entry Price: $1.8885
$XRP has shown strong momentum, climbing significantly over the past days but now faces resistance after a sharp retracement. This consolidation signals an imminent breakout.
š” Trade Setup š”
Long Position:
ā¢ Entry: Above $1.90 (confirmation of bullish breakout).
ā¢ Targets:
ā¢ Target 1: $1.95
ā¢ Target 2: $2.00
ā¢ Target 3: $2.10
ā¢ Stop Loss: Below $1.85 (to mitigate downside risk).
Short Position:
ā¢ Entry: Below $1.85 (confirmation of bearish breakdown).
ā¢ Targets:
ā¢ Target 1: $1.80
ā¢ Target 2: $1.75
ā¢ Target 3: $1.70
ā¢ Stop Loss: Above $1.90 (to limit losses in case of a fakeout).
ā ļø Key Levels to Watch ā ļø
ā¢ Resistance: $1.95 (critical to break for upward momentum).
ā¢ Support: $1.85 (vital to hold to prevent a sell-off).
Market Sentiment: Volume has surged, indicating heightened interest. Bulls must push beyond $1.90 to reclaim dominance. However, failure to hold above $1.85 may lead to increased bearish pressure. Manage your trades carefully and stay alert for volatility!
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