$XRP Long Flush: $6.82K Cleared at $2.6181 – Bulls on the Edge
A strong $6.82K in long positions just got flushed at $2.6181, marking a notable shakeout as price dipped through a key level.
Eyes now on immediate support to see if bulls step in or retreat.
📉 TRADE SETUP – Bounce or Breakdown Incoming:
• Entry Zone: $2.60 – $2.63 (watch for signs of support reclaim)
• 🎯 TP1: $2.70
• 🎯 TP2: $2.78
• 🎯 TP3: $2.88
• 🛑 SL: Below $2.56 (structure break)
Market Insight:
The long flush clears leverage excess—potential setup for a rebound if $2.60 holds.
Bulls need a fast reclaim above $2.63 to regain control.
Pro Tip:
Look for a 15-minute candle close above $2.64 with increasing volume, or a strong reversal pattern like a bullish engulfing before entry.
$XRP just shook out $6.82K in longs—keep watch for a reactive bounce from support.