$XRP
{spot}(XRPUSDT)
XRP/USDT Long Setup Idea – Watching for Bounce from Support
Long Entry (conservative):
Entry: Around current levels $1.355 – $1.360 (if holds and shows reversal candle/green volume on 15m/1h)
OR better: wait for confirmation bounce above $1.36 with volume increase
Stop Loss (SL):
Below recent low/support: $1.342 – $1.345 (tight ~1-1.5% risk, protects against breakdown to lower lows)
Take Profit (TP) targets (scaled):
TP1: $1.370 – $1.375 (first resistance/prior candle highs, ~1-1.5% reward)
TP2: $1.383 – $1.390 (next cluster/MA(99) area, ~2-2.5%)
TP3: $1.397 – $1.405 (previous rejection zone, partial or trail if momentum strong)
Risk-reward looks 1:1.5 to 1:2+ if it bounces clean. But watch — if breaks $1.346 decisively with volume, invalidates and could test lower.
Not financial advice! Just sharing chart observations. Crypto is volatile, use small size, set SL always, and DYOR. Trade what you can afford to lose.
What’s your take, bounce incoming or more downside first? Drop charts/thoughts! 👇
#XRP #XRPUSDT #CryptoTrading