$XRP Short Liquidation Alert

$XRP experienced a short liquidation of $3.5073K at $2.6139, marking a healthy correction in the market. Corrections like this help clear weak positions and allow stronger hands to build positions for the next move.

Trade Setup:

Entry Zone: $2.60–$2.63 — I’m watching this area closely as a potential pivot.

Target 1: $2.68

Target 2: $2.73

Stop Loss: $2.58

Why This Zone Is Strong:

This zone aligns with previous support levels and key retracement areas. Historically, $2.60–$2.63 has acted as a reaction area where buyers step in. If this level holds, we could see $XRP building strength for the next leg up.

Pro Tip:

They’re building strength here. Watch for confirmation with volume and candlestick patterns before adding positions. If this support remains intact, it could serve as a solid foundation for a rebound.