James - Pump Trading
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Bearish
📉 $XRP
• Trading Plan (Short):
• Entry: $2.0000 - $2.0360
• Stop Loss (SL): $2.0506
• Take Profit (TP): $1.9460 and $1.9000
• Indicators: RSI is oversold (implied, as the price is testing recent lows, but with room to move further down), confirming potential downward continuation after a minor relief bounce. MACD is deep below zero (implied by the strong red volume bars), validating strong bearish momentum.
• Outlook: Failure to breach $2.0107 will likely push XRP down to retest the $1.9460 low. A break below that level targets the $1.9000 region.
{future}(XRPUSDT)
$PIPPIN
{future}(PIPPINUSDT)
$BEAT
{future}(BEATUSDT)
• Trading Plan (Short):
• Entry: $2.0000 - $2.0360
• Stop Loss (SL): $2.0506
• Take Profit (TP): $1.9460 and $1.9000
• Indicators: RSI is oversold (implied, as the price is testing recent lows, but with room to move further down), confirming potential downward continuation after a minor relief bounce. MACD is deep below zero (implied by the strong red volume bars), validating strong bearish momentum.
• Outlook: Failure to breach $2.0107 will likely push XRP down to retest the $1.9460 low. A break below that level targets the $1.9000 region.
{future}(XRPUSDT)
$PIPPIN
{future}(PIPPINUSDT)
$BEAT
{future}(BEATUSDT)
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