$XRP 🚀 XRP/USDT LONG SETUP: Re-Entry at Support!
XRP has dipped slightly, providing a fresh entry point near local support. The trend still looks healthy for a potential bounce. Here are the updated trade details:
Direction: LONG (Buy) 🟢
New Entry Price: 2.0936
Leverage: Cross 50x
Margin: 33.33 USDT
Liquidation Price: 1.9547
Updated Strategy:
Take Profit 1: 2.1500 (Previous Resistance)
Take Profit 2: 2.2200 (Major Breakout Level)
Stop Loss: 2.0200 (Strict risk management)
Market Insight:
The price has found stability around the $2.09 mark. As long as we hold above the $2.00 psychological level, the bullish structure remains intact for a move back toward the $2.20 range.
⚠️ Risk Warning: Using 50x leverage means high volatility. Small price movements can lead to significant PNL changes. Always trade with what you can afford to lose. DYOR!
