XRPUSDT Bullish Scenario Updated

🔎 Technical Outlook
XRP is currently trading around 3.03 – 3.04 USDT, after bouncing from a key support zone near 2.95 USDT. The chart shows a sequence of higher lows with multiple buy signals clustering near the base, suggesting strong accumulation.
The resistance zone sits around 3.18 USDT, which is also marked as your target area. A clean breakout above minor intraday resistance at 3.05 USDT would open the way for bullish continuation. The structure favors buyers as long as price holds above 2.95 support.
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📈 Trade Setup (Bullish Bias)
• Entry: 3.03 – 3.05 USDT (current market zone)
• Stop-Loss: 2.95 USDT (below recent support & invalidation level)
• Take Profit 1: 3.12 USDT (intermediate resistance)
• Take Profit 2: 3.18 USDT (major resistance target)
• Risk/Reward: ~1:2
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🛡 Risk & Trade Management
• 🔒 Partial Profit Booking: Secure some profits at 3.12 USDT to reduce risk exposure.
• 📈 Trailing Stop: Once TP1 is hit, move stop-loss to breakeven (3.03) and trail along higher lows to ride momentum.
• 🚫 Invalidation: If XRP breaks below 2.95, the bullish setup is invalid, and exiting quickly protects capital.
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✅ Summary
XRP is showing bullish intent after defending the 2.95 support zone and looks set to retest 3.12 – 3.18 USDT. A layered profit-taking approach with a trailing stop allows you to capture the move while managing downside risk effectively.
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