#XRP Today's Pro Futures Trading Plan for XRPUSDT - April 29, 2025

• Trade Direction: Short (Bearish Bias)

• Entry Zone: 2.2845 – 2.3472 (preferably near 2.3472/MA99 resistance or breakdown below MA7 at 2.2315)

• Stop-Loss: 2.3600 (above MA99 and 24h high, allowing buffer for volatility)

• Risk/Reward Ratio: 1:3 (adjust based on tiered profit targets)

• Profit Targets:

• Target 1: 2.2476 (24h low, immediate support)

• Target 2: 2.1029 (MA25 dynamic support)

• Target 3: 2.0000 (psychological level and extended downside)

• Strategy Explanation:

• Price trades below MA99 (2.4009), indicating a bearish bias in the longer term. A rejection at the 24h high (2.3472) reinforces resistance.

• The breakdown below MA7 (2.2315) would confirm bearish momentum, targeting lower supports. High 24h USDT volume (1.62B) suggests active participation, supporting directional moves.

• Tiered profit targets align with technical levels: 24h low (2.2476), MA25 (2.1029), and psychological support at 2.0000.

• Market Sentiment Overview:

• Mixed sentiment with bearish undertones due to the price trading below MA99 and recent -1.78% decline. However, proximity to MA7 (2.2315) may invite short-term consolidation or minor rebounds.

• Invalidation Level / Caution Note:

• Invalidation Level: A sustained close above 2.3600 (above MA99 and 24h high) negates the bearish structure.

• Caution: Monitor volume spikes near 2.2476 (24h low) for potential stop-loss hunting or reversals. Tighten stop-loss to breakeven if Target 1 is achieved.

• Risk Management:

• Limit risk to 1-2% of capital per trade. Use trailing stops if downward momentum accelerates past Target 1.

Note: Adapt positions to real-time price action, especially around key MAs and volume trends. Maintain discipline in risk parameters.

Disclaimer: Futures trading is highly risky. This analysis reflects my personal view and is not financial advice. Always do your own due diligence.