XRPUSDT โ Possible strategy
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$XRP USDT
๐ Possible Strategy: Buy at support or on breakout (Long)
โก๏ธ Wait for entry pattern:
โข The structure is bullish, so buys are sought.
โข Entry (Long 1 - Dip): Buy in the support zone of the EMA(25) (~2.2925).
โข Entry (Long 2 - Breakout): Buy on the breakout with a 1H close above the EMA(99) and the recent high (~2.3760).
๐ Stop Loss:
โข If buying the dip, the stop would be below ~2.25.
โข If buying the breakout, the stop would be below the EMA(99).
๐ฏ Take Profit:
โข TP1: The high (~2.3760).
โข TP2: Seeking new highs (extension).
๐ Alternative scenario:
If the price loses the EMA(25) (~2.2925) with volume, the bullish structure breaks and the Long strategy would be invalidated.
โ๏ธ Avoid: Selling (going Short) against the strongest pair in the market without a clear bearish breakout.
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