#BreakoutTradingStrategy
Revives bulls' hopes for price breakout❗❗❗❗
It is trading at $2.3889 after gaining strong momentum from the $2.30 area. The price action shows the formation of higher lows and strong buyer entry. A clear breakout above $2.4039 could ignite a new rally.
Long trade settings:
Entry range: $2.36 - $2.39
Target 1: $2.45
Target 2: $2.52
Target 3: $2.60
Stop loss: $2.30
XRP returns to the spotlight with consistent trading volume and trend. This setup favors continued trading - watch for confirmation and manage risk carefully.
