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$XRP Short Liquidation: $5.13K at $1.4276

Shorts just got squeezed around the $1.42–$1.43 area, which tells us bears were leaning heavy there… and the market punished them. When short liquidations trigger, it often adds fuel to upside momentum as forced buy orders push price higher.

Right now, $1.42 becomes an important short-term support flip zone. If bulls defend it, we could see continuation.

🔎 Trade Plan (Intraday / Short-Term)

📌 Entry Zone:
$1.41 – $1.44
(Waiting for a minor pullback and confirmation bounce is safer than chasing green candles.)

🛑 Stop Loss:
$1.38
(Below recent liquidity sweep and structure support. If price breaks this level, bullish momentum weakens.)

🎯 Take Profit Targets:
TP1: $1.48
TP2: $1.52
TP3: $1.58

First target secures partial profits, second target sits near previous resistance, and the final target aims for momentum extension if volume stays strong.

📊 Market Insight

Short liquidations usually signal aggressive positioning on the wrong side. If volume increases and BTC remains stable, XRP could continue pushing higher. However, if momentum fades quickly, this may turn into a fake breakout.

⚠️ This is not financial advice. Always manage your risk properly, use controlled position sizing, and never risk more than you can afford to lose.

Stay sharp and trade the reaction — not the emotion.
$XRP #PEPEBrokeThroughDowntrendLine #PredictionMarketsCFTCBacking
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