$XRP Short Entry Signal
ā Entry Point:
Around $2.13 ā $2.14
š Stop-Loss:
$2.17 ā $2.18 to avoid fakeouts.
šÆ Targets (Take Profit):
TP1: $2.10
TP2: $2.06
TP3: $2.00 (if downtrend continues with volume)
š Long Entry Signal (Bullish Setup)
ā ļø Note: Currently, a long position is riskier unless there's a confirmed reversal signal. Wait for these confirmations:
Bullish candle close above $2.15
ā Entry Point (If Reversal):
On breakout and close above $2.15 with volume
š Stop-Loss:
Below the recent low at $2.12
Suggested: $2.11
šÆ Targets (Take Profit):
TP1: $2.18 (MA99)
TP2: $2.22 (recent high)
TP3: $2.25 (resistance)
š¢ Conclusion:
Preferred Trade Now: ā Short entry, as trend is clearly downward with no strong reversal signs.
Long Entry: Wait for confirmation of trend reversal above $2.15ā2.18 zone.