$XRP LONG SETUP - Bounce Off The $1.15 Floor ๐โก
๐ข (LONG)๐ Entry: $1.155 - $1.165
โก Leverage: 10x Isolate | R:R 1:5.3
๐ฏ TP1: $1.182
๐ฏ TP2: $1.20
๐ฏ TP3: $1.24
๐ด SL: $1.145
$1.15 held 6 times in the last 24 hours after the flush to $1.1519 on the biggest 1h volume in days, and price has been basing at $1.155-$1.165 ever since. Sentiment is at extreme fear (Santiment lowest since July 8, Fear & Greed 21), the same spot shorts usually get most aggressive right before a bounce.
โ ๏ธ This is a counter-trend bounce long, keep size small. If $1.15 breaks, forced liquidations open the way to $1.05, so the SL is hard, do not average down. Hard SL $1.145.
$XRP
๐ข (LONG)๐ Entry: $1.155 - $1.165
โก Leverage: 10x Isolate | R:R 1:5.3
๐ฏ TP1: $1.182
๐ฏ TP2: $1.20
๐ฏ TP3: $1.24
๐ด SL: $1.145
$1.15 held 6 times in the last 24 hours after the flush to $1.1519 on the biggest 1h volume in days, and price has been basing at $1.155-$1.165 ever since. Sentiment is at extreme fear (Santiment lowest since July 8, Fear & Greed 21), the same spot shorts usually get most aggressive right before a bounce.
โ ๏ธ This is a counter-trend bounce long, keep size small. If $1.15 breaks, forced liquidations open the way to $1.05, so the SL is hard, do not average down. Hard SL $1.145.
$XRP
