$XRP
๐จ๐จ XRP/USDT โ Bearish Trading Setup! ๐จ๐จ
๐ฅ Short-Term Opportunity on XRP โ Are you positioned or watching?
๐ Current Price: $2.2290 (+1.73%)
โ ๏ธ Expecting downside correction before next bounce!
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๐ฏ ENTRY LEVEL
๐ด Sell Entry: $2.2384
โช๏ธ Near resistance zone + Below MA7 ($2.2558)
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๐ฐ TAKE PROFIT TARGETS
1๏ธโฃ TP1: $2.2000 ๐ข
โโ Near 24h low ($2.1904) + psychological support
2๏ธโฃ TP2: $2.1823 ๐ข
โโ Previous demand zone on price ladder
3๏ธโฃ TP3: $2.1262 ๐ข
โโ Major horizontal support level
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๐ STOP LOSS
โ $2.2500 ๐
โโ Above resistance + invalidation zone
๐ Risk: ~0.5% from entry โ tight for precision trading
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๐ WHY THIS TRADE WORKS
๐ป Price Below MA7 (2.2558) = Bearish Bias
๐ฝ Volume Dropping: 16.7M < 5D Avg (35.8M)
๐ง Market Sentiment:
โโข 1D: -4.09% | 7D: -3.06% | 180D: -11.12%
โโข โ ๏ธ Short-term weak โ but long-term bullish!
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โ๏ธ RISK STRATEGY
๐งฏ Use 5โ10x leverage max (tight SL = tighter control)
๐ผ Entry only on rejection from $2.238โ2.25 zone
โณ Scale out: 40% TP1, 35% TP2, 25% TP3
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๐ฅ Bonus Tip:
๐Watch for break below $2.1904 โ Could trigger TP2/TP3 quickly!#FOMCMeeting
