$XRP
Short-term observation｜Bearish pressure vs Bullish counterattack
In a bullish scenario, if buying activity becomes active again, XRP has the chance to rebound and test the key resistance area of $1.96. However, it is important to note that only a strong daily close above 1.96 can break the current bearish structure and shift the momentum back towards bullish.
🔻 Short-term short position layout (trend-following)
• Entry range: 1.92 – 1.96
• Target: TP1: 1.86 / TP2: 1.77
• Stop-loss: 2.02
🔺 Confirmed long position layout (reversal signal)
• Entry condition: Daily close breaks above 1.96
• Target: 2.10
• Stop-loss: 1.88
💡 Core idea:
Is XRP ready to embark on a new round of decline, or is it a trap for bears?
Pay close attention to key resistance and closing prices to seize high-probability short-term opportunities.
$PIPPIN
