$XRP

XRPUSDT

Perp

1.4964

+6.27%

🔍 Chart Read (Simple)

Price: 1.407

Price is below EMA 25 & EMA 99 → market still bearish / weak

EMA(7) < EMA(25) < EMA(99) → downtrend pressure

Volume is low → no strong breakout yet

📉 Trade Setup (Safer – Short)

🔴 SELL (Short)

Entry: 1.42 – 1.43 (near EMA 25 resistance)

Stop Loss: 1.46

Take Profit 1: 1.36

Take Profit 2: 1.30

Risk–Reward: ✅ Good

👉 Best if price rejects near 1.42–1.43

📈 Alternative (Only if Breakout)

🟢 BUY (Long – Risky)

⚠️ Take only if 1H candle closes above EMA 99

Entry: 1.45

Stop Loss: 1.40

Take Profit 1: 1.50

Take Profit 2: 1.54

🧠 My Bias

👉 Sell on pullback is the safer play

👉 Market is still weak, buyers not in control yet