$XRP
let’s break XRP/USDT (4H) cleanly and to the point 📊👇
Current price ~ 1.64
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🔵 Bullish (LONG) Entry Plan
Bias: Relief bounce / short-term reversal
Entry Zone:
• 1.58 – 1.62 (retest of demand after the sharp dump)
Confirmation to watch:
• Holding above 1.60
• Bullish 4H candle close / volume support
Targets:
• 🎯 T1: 1.70
• 🎯 T2: 1.78
• 🎯 T3: 1.85
Stop Loss:
• ❌ 1.50 (below recent wick low 1.5028)
➡️ This is a bounce trade, not a trend reversal yet.
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🔴 Bearish (SHORT) Entry Plan
Bias: Trend continuation (overall structure still bearish)
Entry Zone:
• 1.72 – 1.78 (EMA / resistance zone)
Confirmation to watch:
• Rejection candle or weak volume near resistance
Targets:
• 🎯 T1: 1.62
• 🎯 T2: 1.55
• 🎯 T3: 1.48
Stop Loss:
• ❌ 1.86 (above key resistance & structure)
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📌 Quick Market Read
• Price is below MA(25) & MA(99) → bearish trend
• Stoch RSI overbought → short-term pullback likely
• Big volume spike = panic sell → bounce possible
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🧠 Best Strategy
• Scalp LONG only on confirmation near 1.58–1.62
• Prefer SHORTS on rallies until 1.85+ is reclaimed
