Trade summary: Trading Pair: #NXPCUSDT Position Type: Sh | xVenom01 on Binance Square

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Trade summary:
Trading Pair: #NXPCUSDT  
Position Type: Short (you bet that the price would go down)
Entry Price: 2.2446743
Average Close Price: 2.2349900
Profit: +1.22
Date & Time Shared: May 18, 2025 at 19:34 (UTC+5)

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-6.20%

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0

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This technical analysis setup for #XRPUSDT🚨 focusing on a potential bullish reversal. Here's a summary of the trade idea: 📌 *Trade Summary: * Asset: XRP/USDT * Current Price: $2.3552 * Support Level: $2.2984 (highlighted with a blue box) * Resistance Targets (Projected): * $2.4361 * $2.5139 * $2.5916 * $2.6693 * Indicators Used: * EMA (7): 2.3552 (yellow) * EMA (25): 2.3574 (pink) * EMA (99): 2.4098 (purple) * MA(5): Volume MA at 1,882,859.6 * MA(10): Volume MA at 2,674,448.1 * Volume Analysis: * Today: +1.37% * 7 Days: -2.70% * 30 Days: +12.46% * 90 Days: -13.74% * 180 Days: +109.09% * 1 Year: +349.64% * Buy/Sell Sentiment: * **Buy Orders:** 57.51% * **Sell Orders:** 42.49% --- ### 📈 Chart Pattern Analysis: * Price recently bounced from a support zone around $2.2984, forming a potential double bottom or accumulation area. * A downtrend lineappears to be broken, with a possible bullish breakout setup indicated by the blue arrows. * The projected path shows a bullish rally if price holds above support and EMA(7) crosses EMA(25) and EMA(99). --- ### 🔍 Outlook: The trade idea suggests *accumulation near support* with a target toward multiple resistance levels, implying a swing trade opportunity based on a *trend reversal breakout* strategy. for more update Follow me !$XRP

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