According to QVX momentum, we're LONG.
Entry is staged on a pullback to the 79890 support shelf, which aligns with the prior breakout base and the volume-weighted demand zone. Invalidation sits below that level on a daily close; initial risk is capped at 1.2% of equity. First target is 81823 resistance, where I'll scale out half and trail the remainder behind the 20-period EMA. Current price at 80740 leaves a favorable risk-reward of roughly 2.3:1 to the first objective. Ripple-Coinbase RLUSD expansion supports the liquidity backdrop but does not alter the technical structure, so it stays a secondary confirmation only. Position sizing reflects a just-initiated entry: no adds until price holds above support for two consecutive sessions. 📈
Entry is staged on a pullback to the 79890 support shelf, which aligns with the prior breakout base and the volume-weighted demand zone. Invalidation sits below that level on a daily close; initial risk is capped at 1.2% of equity. First target is 81823 resistance, where I'll scale out half and trail the remainder behind the 20-period EMA. Current price at 80740 leaves a favorable risk-reward of roughly 2.3:1 to the first objective. Ripple-Coinbase RLUSD expansion supports the liquidity backdrop but does not alter the technical structure, so it stays a secondary confirmation only. Position sizing reflects a just-initiated entry: no adds until price holds above support for two consecutive sessions. 📈