XRP Trading Update: Short Position Strategy : $XRP
Hey Binance community! 🚀
I wanted to share my current strategy for XRP, as I'm seeing some interesting price action. Here’s what’s happening:
Current Position
I’ve opened a short position with **10X leverage** at an entry price of **$0.6546**. With significant liquidation levels around **$0.6143**, I’m confident that we could see a downward move.
### Target Price
My target is set at **$0.6015**. I believe this level is achievable based on current market dynamics and technical indicators. It’s all about timing the market right!
Strategy Overview
- **Entry Price:** $0.6546
- **Leverage:** 10X
- **Target Price:** $0.6015
- **Liquidation Level:** $0.6143
I’ll be monitoring the market closely to adjust my strategy as needed. What are your thoughts on XRP’s movement? Let’s discuss!
Happy trading! 💰