$XRP /USDT — Tight Range Breakout Setup ⚡
Market Context:
$XRP is coiling near $2.02 on the 15m chart, showing balance between buyers and sellers. The range is tight, so any breakout could be fast and decisive.
Key Levels:
Support: $2.00 – $2.01
Resistance: $2.04 – $2.06
Trade Setup:
Long (Breakout Buy): Above $2.04 → Target: $2.08 – $2.12
Short (Breakout Sell): Below $2.00 → Target: $1.96 – $1.92
Stop-Loss: Just beyond breakout candle on either side
Notes:
Tight consolidation means momentum could spike quickly.
Wait for a clean candle close above resistance or below support for confirmation.
Ideal for short-term scalps or breakout trades.
#XRPUSDT #CryptoTrading #BreakoutSetup #TechnicalAnalysis
XRPUSDT
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