$XRP USDT
Timeframe: 15 Minutes (15m)
Trade Type: Short-Term Long (Bounce Setup)
Market Structure
XRP is showing a recovery bounce from strong support near 1.53 after a sharp dip. Price is now trading below the higher MA (99), indicating resistance overhead but short-term bullish momentum is building.
Entry Zone
Entry Buy Zone: 1.56 – 1.58
Take Profit Levels
TP1: 1.59
TP2: 1.61
TP3: 1.63 (Major resistance zone)
Stop Loss
SL: Below support at 1.52
Trade Logic
Price bounced strongly from 1.529 support, forming higher lows. If XRP holds above 1.56, a push toward 1.61–1.63 resistance is possible. Keep risk tight below the recent low.
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XRPUSDT
Perp.
1.6196
+2.00%