🚀 $XRP/USDT – LONG TRADE OPPORTUNITY
🔥 Key Setup: Bullish Rejection from Demand Zone
XRP has rebounded strongly from the $2.28 support, signaling potential bullish continuation. The next critical hurdle is the $2.31–$2.34 supply zone—a breakout here could fuel an extended rally.
🎯 Trade Plan
📌 Entry Zone:$2.2800 – $2.2850 (Optimal retest area)
🛑 Stop Loss:$2.2580 (Below recent swing low)
🎯 Take Profit Targets:
🔹 TP1: $2.3140 (Initial supply test)
🔹 TP2:$2.3390 (Breakout confirmation)
🔹 TP3:$2.3480 (Extended upside)
⚖️ Risk Management:2–3% per trade | 10x Leverage (Adjust based on risk appetite)
📊 Market Context
🔹 Higher Lows Formation: XRP is building bullish structure after reclaiming key support.
🔹 Breakout Catalyst: A decisive close above $2.31 could trigger momentum toward $2.34+.
🔹 Key Watch: Volume surge on breakout for confirmation.
🔍 Why This Trade?
🔹 Strong rejection at demand zone suggests buyer interest.
🔹 Clear risk-reward (1:3+ potential).
🔹 Aligns with short-term bullish structure.
⚠️ Note: Always monitor price action around supply zones—false breakouts can occur. Adjust stops if momentum stalls.
DYOR No Financial advice!
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