$XRP
XRP trade setup
highlights a classic bounce from a support zone.
Support Bounce: The price action between $2.1231 and $2.1394 suggests strong buyer interest near the support/demand zone.
Volume Confirmation: A break above $2.144 with significant volume could indeed confirm momentum and attract breakout traders.
Entry: $2.130–$2.140
TP1 ($2.155): Minor resistance area—good for partial profit-taking.
TP2 ($2.176): A more ambitious target, aligning with the start of the previous drop.
Stop-Loss ($2.118): Reasonable placement just below the bounce low to protect capital in case of a breakdown.
Volume Surge on Breakout: No volume = false breakout risk.
$2.144 – $2.155 congestion zone: Could cause stalling or rejection if buyers hesitate.
Macro/BTC Sentiment: XRP tends to correlate with broader market moves.
Confirmation: Break and hold above $2.144 with volume
trade here $XRP .
