$XRP

Trade Plan for XRP/USDT 📈

✅ Entry Zone: Buy within $2.5680 – $2.5700, near the current support level and just below the 7-period MA (2.5708).

⛔ Stop Loss: Set at $2.5620 (below the recent swing low of 2.5630 and psychological support).

🎯 Profit Targets:

Target 1: $2.5740 📍 (Move stop to breakeven—aligns with resistance from the order book)
Target 2: $2.5800 🎯 (Matches the 25-period MA)
Target 3: $2.6000 🚀 (Recent 24h high)

📊 Risk/Reward Ratio: 2.5:1+ ⚖ (Conservative exit at 1.5:1 if momentum stalls near 2.5740).

Key Observations:

Neutral Short-Term Momentum: Price is up +0.10% in the last 24 hours, trading near the 7-period MA (2.5708) and above the 25-period MA (2.5236), suggesting a potential consolidation phase.
Volume: Recent volume shows moderate activity (2.47M XRP), with a spike during the last candle, indicating possible buying interest. Confirm breakout with volume above 2.5M XRP.
RSI Estimate: RSI isn’t directly shown, but given the flat price action and slight uptick, it’s likely near 50–55 (neutral). A move above 60 would confirm bullish momentum.
Order Book Pressure: Sell orders at 2.5708 (11.3K XRP) indicate resistance, while buy orders at 2.5690 (7.7K XRP) suggest near-term support.

🔄 Strategy:

Enter on a 15-minute candle close above 2.5700 with increasing volume to confirm buyer interest.
Trail stop below the 7-period MA (2.5708) after Target 1.
Watch for rejection at 2.5740 resistance or the 24h high (2.6000) for early exit if momentum weakens.

Trade wisely! 🚀💰

Note: Crypto markets are volatile—scale in/out and monitor broader market sentiment to manage risk.