Information for those who need this
Alright, let’s build a short-term trading plan around this XRP/USDT 15m chart.
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🔹 Trading Strategy
1. Bullish Setup (Bounce Continuation)
Entry: If XRP holds above 2.90 – 2.92 and breaks 2.95 with volume.
Stop Loss: Below 2.85 (recent support).
Targets:
First target: 3.00 – 3.02 (psychological + MA cluster).
Second target: 3.18 – 3.20 (major resistance).
👉 Risk/Reward: About 1:2 if entering near 2.92 with SL at 2.85 and target 3.02+.
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2. Bearish Setup (Failed Rebound)
Entry: If XRP fails to break 2.93 – 2.95 and starts dropping below 2.90 again.
Stop Loss: Above 2.96.
Targets:
First target: 2.85 (support test).
Second target: 2.75 – 2.78 (next strong support).
👉 Risk/Reward: Good for scalping if rejection is strong.
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3. Neutral / Wait-and-See
If price chops between 2.90 – 2.95, it’s safer to wait for a breakout before entering. Sideways chop here could trap both bulls and bears.
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📌 Summary for Traders
Bullish trigger: Break above 2.95, aiming for 3.00+.
Bearish trigger: Break below 2.90, aiming for 2.85 or lower.
Key zone = 2.90 – 2.95 → the battleground to watch.
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