$XRP/USDT — 🟢 LONG · Conf 50%

📍 Entry: 1.1163 – 1.1231

🛑 SL: 1.0977

🎯 TP1: 1.1757

✅ TP2: 1.2205

🏆 TP3: 1.2877

Price is attempting to form a local support floor near range lows, but short-term momentum remains constrained below intraday moving averages.

About $XRP: Decentralized layer-1 payment network optimized for cross-border settlements — featuring an open-source ledger architecture with multi-second transaction finality, though facing ongoing regulatory scrutiny over token classification.

Is entering a long setup near key support justified by risk-reward metrics, or does the underlying bearish trend demand waiting for a clear 4H structural breakout?

$XRP