🟣 $XRP — Support Bounce, Range Reclaim Attempt
XRP is showing a reaction bounce from support, but the move is still early and needs confirmation to turn into a proper range reclaim.
📊 Trade Setup (Long)
Entry Zone: $1.37 – $1.40
Stop Loss: $1.34
🎯 Targets:
TP1: $1.43 (first range reclaim level)
TP2: $1.47 (mid resistance / liquidity pocket)
TP3: $1.52 (full short-term range extension)
🧠 Market Structure Insight
Price is reacting from a key support zone, showing buyer defense
Short-term momentum is attempting to shift upward
Still inside a broader range structure, not a confirmed trend reversal
⚠️ Key Risk Level
Loss of $1.34 invalidates bounce structure
That would likely send price back into deeper support retest / range lows
🎯 Final Take
XRP is in:
early recovery phase inside a range, not a breakout trend yet
This is a reactive long setup, where continuation depends on reclaiming $1.43–$1.47 zone with strength.
