$XRP / USDT – Sharp Moves Incoming!
Market Insight: A $1.79K long liquidation at $2.9998 signals potential short-term volatility. XRP traders should watch for key support and resistance to plan precise entries.
Key Levels:
Support: $2.95 – $2.97
Resistance: $3.05 – $3.08
Critical Level: $2.9998 (recent liquidation point)
Trade Setup:
Entry (Long): $3.00 – $3.02
Stop Loss: $2.97
Targets:
TP1: $3.05
TP2: $3.10
TP3: $3.15
💡 Pro Tips:
1. Look for strong buying volume near $3.00 for a safer entry.
2. Avoid chasing rallies above $3.08; wait for pullbacks or confirmed breakouts.
3. Manage positions with partial exits at each target to lock in gains.
📊 Market Sentiment: Cautiously Bullish. XRP shows resilience but remains sensitive to short-term liquidation pressure.
⚡ Pro Insight: Liquidation zones often act as pivot points. Strategic entries near support can turn volatility into opportunity.
🔗 Trading Farm: Utilize XRP futures and spot markets on top-tier exchanges to capitalize on short-term momentum.
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