$XRP Short Liquidation Alert – Market Reaction
A short liquidation of around $5.27K just occurred on XRP at $1.4313. This usually signals that bearish positions were forced out, which can create short-term upward momentum as buy pressure enters the market.
From a technical perspective, liquidation clusters often act as fuel for quick price pushes. If buyers maintain control, we may see XRP attempt a move toward the next resistance zones.
📍 Potential Trade Setup
Entry Zone: $1.40 – $1.43
This area aligns with the recent liquidation level and short-term support. A healthy retest here could attract buyers.
🛑 Stop Loss: $1.36
Below this level, momentum could weaken and invalidate the bullish setup.
🎯 Take Profit Targets:
TP1: $1.48
TP2: $1.52
TP3: $1.58
These levels represent nearby resistance areas where price may face selling pressure.
Market Insight:
Short liquidations often trigger momentum spikes, but sustainability depends on volume and overall market sentiment. Watch how price behaves near $1.43 — a strong hold could open the door for further upside.
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