🔥$XRP Still Under Pressure! What's Your Strategy? 🤔
📉 XRP/USDT is currently at $2.0803, down 5.06% in the last 24 hours. Bearish vibes are clearly visible with the Bearish Engulfing pattern some time ago, and the price is still stuck below the EMA(8) at $2.1153.
💡 Key Stats:
24-Hour High: $2.1924
24-Hour Low: $2.0468
Strong Resistance: $2.1153
Key Support: $2.0468
🛠️ Scalping Strategy for the Brave!
1️⃣ Short at Resistance: If the price fails to break through $2.1153, the opportunity to short with a target of $2.0468 is interesting to try!
2️⃣ Monitor Volume: High volume = trend validation. Wait for confirmation!
3️⃣ Stop Loss: Don't forget to put a tight SL above the EMA(20) at $2.1508.
💬 What's Your Opinion?
Is it time to buy the dip or still keep cash? Let's discuss in the comments column! 👇