Entry: 3.16 (current level)
🛡️ Stop Loss: 2.9 (below range support)
🎯 Targets:
• TP1: 3.39 (local resistance)
• TP2: 4.50
• TP3: 5.40
• TP4: 5.90 (final target from wedge breakout – +75%)
🔍 Setup Details:
XRP is forming a bullish pennant after a strong rally. Price has held key Fibonacci retracement levels and is currently consolidating inside a wedge. A confirmed breakout could lead to a 75% move toward the $5.9 target. Volume confirmation and breakout candle close above $3.39 can accelerate the move.
⚠️ High volatility expected. Use proper risk management.