🚀 #XRPUSDT : Oversold Bounce Opportunity! Stratergic Entries Inside

Analysis & Trade Setup

🔍 KEY OBSERVATIONS

1. Extreme Oversold Signals:

- STOCHRSI (8.76): Deepest oversold since May → exhaustion zone.

- Williams %R (-75.9): Approaching max oversold (-80).

- Price above Key Support: Holding 2.1840 (24h low) & Bollinger Lower Band (2.1364).

2. Bullish Sentiment Divergence:

- Long Dominance: 77.72% accounts & 60.98% positions → strong accumulation.

- OBV (-58.7M): Selling volume peaking → capitulation near bottom.

3. Technical Alignment:

- RSI(6) at 46.3: Neutral but primed for reversal.

- Squeeze between MB (2.2109) and DN (2.1364) → breakout imminent.

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🎯 TRADE STRATEGY

✅ BULLISH ENTRY (75% Probability):

- Entry: $2.190 - $2.200 (aggressive) or wait for 5m green candle + volume spike.

- Targets: 2.2109 (Mid Band) → 2.2400 → 2.2648 (24h high).

- Stop Loss: $2.178 (below 24h low).

🔻 BEARISH RISK (25% Probability):

- Trigger: Close below $2.1840 with >5M volume.

- Targets: 2.1364 (Lower Band) → 2.1000 (psychological support).

- Stop Loss: $2.195.

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📊 RISK MANAGEMENT

- Leverage: ≤ 5x (high volatility warning!).

- Position Size: 2-3% capital.

- Confirmation Tools:

- Bullish: STOCHRSI cross above 20 + volume > MA(5) (7.2M).

- Bearish: OBV breaks -60M + RSI(6) < 40.

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#XRP #OversoldBounce #AltcoinGems #CryptoEntry

Critical: 24h low ($2.184) is the pivot! Hold = 5%+ bounce, break = 8% drop.💥