$XRP XRP/USDT Trade Setup 🚀 | 15m Chart | Oversold Bounce Incoming?
Current Price: $2.1208 🔻
24h Change: -7.57% 📉
Support Zone: $2.1166 ✔️
Resistance Zone: $2.2217 – $2.25 ⚠️
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Technical Breakdown:
MA Trends:
MA(7): $2.14
MA(25): $2.17
MA(99): $2.22
➡️ Price is under all major MAs = Downtrend confirmed 🐻
➡️ But heavy oversold signals are flashing!
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Indicators:
RSI(6): 11.15 ➡️ EXTREMELY OVERSOLD ⚠️🧘
MACD: Bearish but flattening out 📉
Stoch RSI: 2.8 ➡️ Near bottom, potential reversal ↩️
Wm %R: -94.67 ➡️ Deeply oversold 🧊
OBV: Negative = sellers dominate, but slowing down
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Trade Plan (Scalp/Short-Term):
ENTRY (Buy Zone):
✅ $2.11 – $2.13
➡️ Bounce expected from oversold support levels
TAKE PROFIT TARGETS:
🎯 TP1: $2.17 (MA25)
🎯 TP2: $2.22 (MA99 resistance)
🎯 TP3: $2.25 (Recent swing high)
STOP LOSS:
⛔ $2.10 (Hard SL)
🔒 Protect your capital in case of trend continuation
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Risk-Reward Ratio:
R:R = 2.5 ✅ Excellent for short-term traders!
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Final Verdict:
XRP is chilling in the oversold zone, with bullish bounce energy building up ⚡
Not a long-term reversal yet, but this looks like a clean scalp opportunity with tight risk management!
Trade Smart. SL is Respect. TP is Freedom.
DYOR. Not Financial Advice.
#BinanceSquad
#XRP #CryptoSignals #ScalpSetup #OversoldBounce #BuyTheDip
