🔥 $XRP LIQUIDATION HEATMAP UPDATE 🔥
📊 LIQUIDITY DISTRIBUTION:
- Current Price & State: $1.1752 | Downtrend (-4.61% 24h)
- Upper Short Wall: $1.2300
- Lower Long Wall: $1.1400
- Quick Take: High liquidity density is clustering around the $1.2300 resistance zone, suggesting a potential short squeeze if price recovers, but immediate downside pressure remains due to the recent bearish momentum.
🚀 PRICE PATH SCENARIO:
$XRP is currently testing local support levels following a sharp decline. A liquidity sweep of the $1.1400 long liquidation cluster is highly probable before any meaningful reversal. If the $1.1400 level holds, we could see a rapid move toward the $1.2300 short wall to fuel a short squeeze.
🎯 TRADE SETUP:
- Position: LONG
- Entry: $1.1450
- Stop Loss: $1.1200
- Take Profit: $1.2300
- Note: Ensure entry is near the liquidity cluster to capitalize on the potential sweep and bounce.