$XRP /USDT 4H Trade Setup

Market Insight:

$XRP has dropped nearly 12% in the past 24 hours, retracing from the high of 3.4853 to the current price of 3.0582, testing key support. Selling pressure is evident, but the price sits at a potential bounce zone, near its 24h low of 3.0320.

🔹 Entry Zone:

3.0200 – 3.0700

(Near current support and recent low)

🎯 Targets:

Target 1: 3.1250

Target 2: 3.2460

Target 3: 3.3680

🛑 Stop Loss:

Below 2.9700

(Invalidation of support and potential continuation of downtrend)

🔑 Key Levels:

Support: 3.0320 / 3.0040

Resistance: 3.1256 / 3.2468 / 3.3679

Pivot Level: 3.0590

💡 Pro Tip:

Watch the 4H close above 3.0590 (pivot level) for confirmation of bullish intent. A strong bounce with volume near 3.0320 could indicate a good risk-reward entry for short-term recovery plays.

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