$XRP /USDT Trading Insights: Key Support & Resistance Levels to Watch! šš„
On the 30-minute chart, $XRP/USDT is showing a breakout attempt within a defined range:
ā¢ Resistance: $2.45
ā¢ Support: $2.35
The price failed to sustain above $2.45 and has retraced to test the $2.35 support zone.
š Long Trade Setup:
ā¢ Entry Zone: $2.37ā$2.39
ā¢ Targets: $2.43 / $2.45 / $2.48
ā¢ Stop Loss: Below $2.34
š Key Levels to Watch:
ā¢ A strong bounce from $2.35 support could indicate a reversal.
ā¢ A confirmed breakout above $2.45 would signal bullish momentum, opening the path to higher targets.
ā ļø Short-Term Risk:
Failure to hold the $2.35 support may result in further downside toward $2.30.
š Pro Tip: Keep an eye on volume for confirmation of any breakout or breakdown to validate the move
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