XRP Morning Market Analysis

Bullish Strategy:

• If the price can hold the support range of 2.94–2.96, a small position can be taken to try a short-term long, with the initial target set at 3.07–3.10.

• If this range is broken but quickly rebounds and stabilizes, a light position can be used to chase long, with a stop loss set at 2.90.

Bearish Strategy:

• If the support range fails, it is not recommended to chase long; instead, consider shorting with a light position during a rebound, targeting 2.85 or lower.

Overall Idea:

• Key focus on the 2.94–2.96 range: if it holds, there will be rebound opportunities; if it fails, bearish momentum will dominate.

• Operations should emphasize light participation, clear stop losses, and follow the market rhythm; rhythm judgment is more important than simple predictions.

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