$XRP /USDT Trade Setup
Market Insight:
$XRP is showing moderate bullish momentum, currently trading at $2.81 with a +2.09% daily gain. Price is nearing recent resistance after bouncing from a low of $2.66. Volume and SAR indicators suggest continuation is possible but may face resistance soon.
Entry Zone:
๐ฅ $2.76 โ $2.81
(Current consolidation area, close to mid-support and SAR)
Targets:
๐ฏ Target 1: $2.87
๐ฏ Target 2: $2.93
๐ฏ Target 3: $3.05
(Aligned with historical resistance and Fibonacci extensions)
Stop Loss:
๐ $2.69
(Below SAR at $2.6999 and recent structure support)
Key Levels:
Support: $2.70 / $2.66
Resistance: $2.87 / $2.93
Pivot Point: $2.81
SAR Level: $2.6999 (Bullish as price is above SAR)
Pro Tip:
Watch for a 15m or 1h candle close above $2.87 with rising volume to confirm momentum continuation toward $3+. If RSI nears overbought, consider partial profit at $2.93.
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