$XRP 🔎 Chart Observations:
• Current Price: 2.8533 USDT
• 24h Range: 2.7753 – 2.9054 USDT
• Recent Movement: Price spiked up to 2.9054 but faced rejection and retraced. Now stabilizing around 2.8533.
• Support Zone: ~2.8450 – 2.8470 (previous bounce zone).
• Resistance Zone: ~2.9050 (recent top).
• Order Book: Buy side slightly stronger (50.40% vs 49.60%).
• Trend: After a short-term dip, buyers are attempting to regain momentum.
📈 Long Trade Signal:
• Entry Zone (Buy): Around 2.8500 – 2.8530 (current level is favorable for entry).
• Stop Loss (SL): Below recent support at 2.8420 to limit downside risk.
• Take Profit (TP):
• TP1: 2.8750 (short-term target)
• TP2: 2.9050 (previous high / resistance)
• TP3: 2.9200+ (if momentum continues)
⚖️ Risk–Reward:
• Risk is ~0.011 (from 2.8530 to 2.8420).
• Reward to TP1: ~0.022 → 2:1 R/R
• Reward to TP2: ~0.052 → 5:1 R/R
✅ This setup favors a long entry with good risk/reward if XRP holds above 2.8450.
