$XRP โ POST-FED SHAKEOUT, SHORT SQUEEZE STILL IN PLAY ๐
After the FED rate decision and FOMC meeting, did drop a few %, but nothing has changed in the bigger picture.
The short squeeze setup is still active, and we continue to expect a surge toward the 200EMA as a minimum December target.
This current break-down move looks more like a fake-out than a real bearish impulse โ structure doesnโt confirm a full trend reversal yet. Weโll keep monitoring closely, but for now:
โข Short squeeze bias: intact
โข 200EMA: still the magnet level
โข Bears: likely getting trapped on aggressive shorts
Plan:
๐ Buy $XRP in spot here
๐ Open long positions below current price, using dips as entries rather than reasons to panic
When the 200EMA squeeze finally kicks inโฆ will you already be in position, or watching $XRP rip without you for the rest of December? ๐
