XRP /USDT – Bullish Breakout or Fakeout? ⚠️🚀
Current Price: $2.2022
🔑 Key Levels:
Resistance Zone: $2.22 – $2.26
Support Zone: $2.18 – $2.16
Fair Value Gap (FVG): Retested around $2.19–$2.20
📊 Market Insight:
Price is stuck in a tight consolidation range
CHoCH suggests bullish intent, but rejection at FVG could stall momentum
Liquidity is building on both ends – a fakeout trap is possible
📈 Breakout Scenario:
Flip $2.22 into support
Target: $2.26 and higher if momentum sustains
📉 Fakeout Risk:
Rejection from FVG + resistance zone
Drop back toward $2.16–$2.14 support liquidity
⚡️Pro Tip:
Let the breakout confirm with volume! Avoid chasing unless a clean candle close above $2.22 holds.
🔥 $XRP is on the edge – breakout fireworks or liquidity trap?
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