$XRP Trapping buyers with a whale squeeze? Rejection at 1.0575 is coming.
$XRP /USDT — Short 🔴
Trading plan:
Entry: 1.0296 – 1.0575
Stop loss: 1.0633
Target 1: 1.0164
Target 2: 0.9975
Target 3: 0.974413
Why this setup?
Bollinger Band contraction (BBW 0.0381) signals imminent volatility.
A bullish OBV trend and 74.76% long concentration leave the market vulnerable to liquidations.
At 1.0296, the price is touching key resistance on the 1-hour timeframe.
Are you watching for a rejection candle at 1.0575 before a move toward 1.0164? 👇
$XRP (Reminder: Timeframe: 1h | Event: Whale Accumulation Squeeze)
This content is not investment advice. Do your own research (DYOR)
$XRP /USDT — Short 🔴
Trading plan:
Entry: 1.0296 – 1.0575
Stop loss: 1.0633
Target 1: 1.0164
Target 2: 0.9975
Target 3: 0.974413
Why this setup?
Bollinger Band contraction (BBW 0.0381) signals imminent volatility.
A bullish OBV trend and 74.76% long concentration leave the market vulnerable to liquidations.
At 1.0296, the price is touching key resistance on the 1-hour timeframe.
Are you watching for a rejection candle at 1.0575 before a move toward 1.0164? 👇
$XRP (Reminder: Timeframe: 1h | Event: Whale Accumulation Squeeze)
This content is not investment advice. Do your own research (DYOR)
