$XRP USDC (Perpetual) is trading in a short-term consolidation after a strong bullish impulse on the 4H timeframe. Price is holding above key support, suggesting buyers are still in control while the market prepares for the next move.
Entry Zone:
1.86 – 1.88
This zone represents the current consolidation area and previous minor support, offering a favorable entry if price holds above it.
Stop-Loss:
1.82
Placed below the recent higher low and structural support to protect against a bearish breakdown.
Take-Profit Targets:
TP1: 1.90
TP2: 1.93
TP3: 1.95
TP1 allows partial profit booking near immediate resistance. TP2 targets the previous swing area, while TP3 aims for the upper resistance zone where stronger selling pressure may appear.
Trade Management:
Once TP1 is reached, consider moving the stop-loss to breakeven to reduce risk. If price shows strong rejection below the entry zone, avoid forcing the trade. Proper position sizing and disciplined risk management are essential for this setup.
