🚀🔥$XRP /USDT Technical Snapshot – Cooling Off After the Rally! 💧

After hitting a strong intraday peak of $2.337, XRP has entered a short-term pullback, now stabilizing around $2.2294 (+1.45%). The price action reflects classic profit-taking after a powerful move from the $2.1407 support zone.

🔎 Technical Overview:

Price dipped below the MA(7) ($2.2399), signaling early weakness

Testing MA(25) ($2.2610) as resistance, consolidating above MA(99) ($2.1809) for now

Potential descending channel forming in the short term

📊 Trading Plan (Scalp/Short-Term Swing):

Entry Zone (Re-test Buy): $2.20 – $2.22

Stop-Loss: $2.18 (just below MA(99) and local support)

Take-Profit Targets:

TP1: $2.26 (resistance at MA25)

TP2: $2.30 (recent candle base)

TP3: $2.34 (previous high retest)

⚠️ Watch for volume surge near $2.18 – a bounce here could indicate a reversal; however, a break below might signal deeper correction.

🧠 Bias: Neutral-to-Bullish (Pending confirmation) 📈 Strategy: Wait for confirmation candle at $2.20 zone before entry

Be patient — XRP may just be gearing up for the next leg. Don’t chase, plan smart! 🔍

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