The wave of $XRP has pulled back nearly 19% from its high, but there are signs of stabilization around the 3.00 level, indicating a potential bottoming out.
If this level holds, there is a chance for a short-term rebound towards 3.25 or even 3.60.
This position can be tested with a small position; if 3.00 holds, maintain the position with an initial target of 3.25.
If it breaks below, cut losses and exit; don’t stubbornly hold on. In short-term trading, manage your position size well.