$XRP ๐ค๐ธ๐ฐ
๐๐ ๐ฆ๐ข๐ง๐ฎ๐ญ๐๐ฌ ๐ญ๐ก๐๐ง ๐๐ ๐๐จ ๐ฐ๐ก๐จ๐ฅ๐ ๐๐๐๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ๐โ๏ธ๐๐ผ๐น๐น๐ผ๐ ๐๐ต๐ฒ ๐ฎ๐ฐ๐ฐ๐ผ๐๐ป๐ ๐ฝ๐น๐ฒ๐ฎ๐๐ฒ ๐ณ๐ผ๐ฟ ๐บ๐ผ๐ฟ๐ฒ ๐๐ฟ๐ฎ๐ฑ๐ถ๐ป๐ด ๐ฝ๐ฟ๐ผ๐ณ๐ฒ๐ฐ๐ ๐๐ถ๐ด๐ป๐ฎ๐น๐๐ฆ
Current price 3.3405
Changing in one day Price increased by 11.22% showing strong bullish momentum but also entering an overbought zone where pullback risk is higher
Targets Likely short-term correction before any continuation of uptrend
TP1 3.3100
TP2 3.2800
TP3 3.2400
Market insight Price is close to 24h high of 3.3825 while MA60 at 3.3321 is acting as nearby support, high volume confirms strong recent buying but RSI and MACD suggest momentum could slow, possible profit-taking ahead
Protip Avoid entering fresh longs at current highs, best short setups come after a failed breakout near 3.3800 resistance
Risk management Limit risk to 1โ2% per trade, adjust lot size according to stop loss distance and volatility
Entry zone 3.3650 to 3.3800 after rejection from resistance
Bearish setup Price is forming a potential short-term double top pattern near resistance, increasing volume at high levels may indicate distribution phase, MACD histogram showing reduced bullish strength
Stop loss & take profit Stop loss at 3.3950, take profits in stages at TP1 TP2 TP3 or trail stop to lock in gains if price falls quickly
Maximum profit or loss Maximum gain 3โ4% if TP3 reached, loss limited to 0.4% if stop loss is triggered
Advice to get maximum profit and avoid from loss Wait for confirmation of reversal signals before shorting, avoid emotional entries during sharp upswings, secure partial profits early and move stop loss to breakeven when price reaches TP1
