🟢 $XRP — FUTURES LONG 📈 | 1H Oversold Bounce Setup

XRP is testing the 1.3888 support area after a prolonged 1H sell-off. Price is near the lower Bollinger Band, creating a potential short-term relief bounce setup.

📍 Entry Zone: 1.395 – 1.405

🛑 Stop Loss: 1.378

🎯 TP1: 1.412
🎯 TP2: 1.432
🎯 TP3: 1.450

⚡ Futures Leverage: 10–20x

💰 Risk Management:
Use only 1–2% of your total assets for this trade.

📊 Technical Context:
• XRP is testing the recent 1.3888 low.
• Price is near the lower Bollinger Band at 1.3928.
• 1.4126 is the Bollinger middle-band resistance.
• A reclaim of 1.4126 can strengthen the relief bounce.
• 1.4323 is the upper Bollinger Band and major near-term resistance.
• Overall 1H structure remains bearish.
• This is a counter-trend LONG scalp, not a confirmed reversal.
• A decisive break below 1.3888 invalidates the setup.

⚠️ Don't catch a falling knife.
Wait for support rejection and confirmation before entering.

Trade $XRP Here 👇


⚠️ Not financial advice. Trade at your own risk.

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