$XRP – Bullish bounce setup forming after sharp liquidity grab into key support.
I’m seeing a heavy selloff into 1.4195 and price immediately reacting from that zone. That level printed as the 24H low. Sellers pushed aggressively, but there’s no continuation impulse yet. When price sweeps lows and stalls, I look for reversal potential.
Market Read:
On the 1H structure:
Rejection from 1.495 high
Clear lower high formation
Strong expansion dump candle
Price sitting at fresh intraday support
I’m watching 1.41–1.42 as short-term demand. This is a liquidity pocket and psychological zone. If price stabilizes and reclaims 1.445–1.450, momentum can shift quickly.
Resistance levels:
1.450 reclaim level
1.466 structure resistance
1.482–1.495 supply zone
If 1.450 flips into support, upside squeeze becomes likely.
Full Trade Setup:
Entry Point:
1.430 – 1.445 after 1H close above 1.450
Target Point:
TP1: 1.466
TP2: 1.482
TP3: 1.500
Stop Loss:
1.398 below liquidity sweep
Risk Logic:
I’m placing stop below 1.398 because if 1.41 breaks with strong continuation, structure confirms further downside toward 1.36–1.38. I exit when invalidated.
How it’s possible:
The dump cleared liquidity under 1.42.
Volume expanded during panic selling.
Price slowed instead of cascading.
That signals absorption.
If buyers defend 1.41 and reclaim 1.450, trapped shorts fuel upside. Once 1.466 breaks clean, move toward 1.48–1.50 becomes natural.
I’m not chasing spikes. I’m entering on confirmation with defined risk.
Let’s go and Trade now $XRP
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