Perpetual Contract Price: Fluctuating around $2.20–2.25 USDT, with a slight recovery from recent declines
Price action: Flat over 24 hours, down ~3–4% weekly and ~8% monthly – classic accumulation zone
**On-chain and futures data:**
Binance shows massive accumulation – buyers are absorbing leveraged positions at current levels
Futures funding and open interest indicate a potential short squeeze setup.
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📈 Technical structure
1. Accumulation phase: XRP is trading in a narrow range above the long-term demand zone (~$2.05–2.12), building energy.
2. Chart patterns:
Bearish wedge + horizontal accumulation forming – breakout could lead to $3.50–4.00 within months
A small bullish flag or flag is stable on an accumulation basis - expect a breakout soon.
3. **Main levels of monitoring:**
🛡 Support Range: $2.08–2.12 ($2.05 bottom)
🧱 Short-term resistance: $2.30–2.36 (~EMA70, trend line)
🚀 Breakout Tier: $2.45–2.50
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🎯 Binance Square Family Trade Setup Schedule
💡 Strategy 🎯 Entry Area 🎉 Target Areas 🛑 Stop Loss
Bounce from demand $2.12–2.15 TP1: $2.30 • TP2: $2.40 • TP3: $2.63 SL: ~$2.05
Breakout play on decisive close > $2.36–2.40 TP1: $2.50 • TP2: $2.85–3.00 SL below breakout candle
Accumulative Swing Area $2.08–2.12 $2.63 → $3.50+ Long Term SL Below $2.05 (Void Wedge)
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💡 Square Family Tips
✅ Trade structure, not noise: Follow the charts – wedges, flags, demand zones.
🔐 Manage risk intelligently: Use 1–2% of the portfolio, move stop loss points to breakeven after entry.
☝️ Monitor Volume: Breakouts above $2.36+ need strong volume to confirm.
🔄 Follow Bitcoin: Altcoin's movements often mirror BTC's – let it pull or lead.
💬 Share and interact: Post your setups with #BinanceSquare, ask questions, appreciate fellow traders!
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🌟 Why is momentum increasing?
Binance data shows massive 'silent' accumulation – buyers absorbing sellers – early sign of bullish momentum
Futures indicators (funding and open interest) remain high – enhancing the possibility of a squeeze if a short squeeze occurs.
Pattern Setting – XRP Forms a Steady Falling Wedge Above EMA34 (~$2.01) – Stage Poised for Breakout
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🎆 Final summary
Currently, XRP is in a classic accumulation phase—quietly building momentum ahead of a potential breakout. With structural patterns aligned and demand zones holding steady, the stage is set for an upward move. Monitor volume and levels, manage risk wisely, and share your thoughts on the chart—this is where the magic of the Square family happens! 💙✨
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