$XRP Liquidation Reference: $1.2774 (Longs liquidated: $7.6008K)
Entry Zone: $1.268 – $1.280
Stop-Loss: $1.310
🎯 Take-Profit Targets
- TP1: $1.250
- TP2: $1.225
- TP3: $1.195
Market Analysis:
XRP recorded notable long liquidations around $1.2774, indicating downside pressure and possible weakness in short-term positioning. If price remains below this reference, sellers may attempt to extend the move toward lower support levels. Watch for a failed reclaim before taking a position.
Invalidation: A sustained breakout above $1.310 would invalidate the bearish setup.
Risk Management: Manage position size carefully and secure profits progressively.
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