#XRP 🫣🫠 #SEC #Thursday
🚨Entry plan – it's always better than impulsive action! Here is a proposed strategy for XRP/USDC, based on the submitted chart and your needs:
⸻
🎯 Scenario 1: Playing for a confirmed rebound
✅ Entry: after breaking the resistance at 3.1950 (where the SAR is currently), preferably on H1/H4 upon closing a candle above this level.
🎯 Target: 3.37–3.66 (previous peaks).
🛡 Stop-loss: below 2.85 (last local lows).
🔎 Why?
• Breaking 3.1950 will be the first strong signal of a trend reversal from the current correction.
• Confirmation of increasing volume and RSI/MACD indicators at this moment will further increase the chances of success.
⸻
🟡 Scenario 2: Playing for support
✅ Entry: if the price returns to around 2.65–2.70 and starts to form a reversal candle (e.g., pin bar/long lower wick) on H1/H4.
🎯 Target: 2.95–3.10 (nearest resistances).
🛡 Stop-loss: below 2.60 (breaking the last low will negate this scenario).
🔎 Why?
• The area of 2.65–2.70 is a key support visible on your chart.
• A reaction at this point with low risk (short stop) allows for a good risk-to-reward ratio.
⸻
⚠️ What to remember?
✅ Watch RSI and volume – without an increase in volume, the breakout may be false.
✅ Confirmation of entry on H1/H4 – do not act only on M5/M15, as signals there are often false.
✅ Set notifications at levels 2.65 and 3.20 so you don’t miss the signal.
⸻
🎯 Additional advice:
With weak volume and sideways movement, it's better to hold off on entering – patience in trading yields better results than forcing trades.