🚀 XRP JUST BOUNCED — IS THIS THE REVERSAL WE'VE BEEN WAITING FOR? 🔁🔥
$XRP /USDT is showing early signs of recovery after hitting a brutal low at $2.2313, now trading at $2.2448, trimming losses to -2.82%. The Parabolic SAR on the 15-minute chart just flipped below the price at $2.2333, hinting at a possible bullish momentum shift after an extended downtrend from $2.3379.
Volume is cooling slightly (108.27M XRP), but if price holds above this reversal line, XRP could stage a quick short squeeze.
📊 Trade Setup (Bullish Idea):
• Entry Zone: $2.2400 – $2.2500
• Take Profit 1: $2.2720
• Take Profit 2: $2.3050
• Stop Loss: $2.2250
📌 Technical Snapshot:
• Support: $2.2310 – Double-tested, holding firm
• Reversal Signal: Parabolic SAR flip confirms local strength
• Resistance: $2.2690 – Watch for breakout confirmation
If momentum holds, this could be the bounce play traders were waiting for — but a clean candle close above $2.27 is crucial for continuation.
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