I'm watching $ZRO for a potential fade setup after that sharp liquidity spike. 🧐 These impulsive moves often see a retracement as the initial momentum cools, especially in the current climate where geopolitical tension (like the #USIranStandoff) is adding unpredictable pressure to risk assets.
Here's the plan I'm considering:
Entry Zone: 1.63 – 1.66
Take Profit Targets:
TP1: 1.60
TP2: 1.57
TP3: 1.53
Stop Loss: 1.69
The logic here is to lean against the upper boundary of that spike, targeting a pullback toward prior consolidation. It’s worth noting that while broader market sentiment has rallied, and metrics like #BitcoinGoogleSearchesSurge point to retail interest, individual assets can diverge sharply. This trade is a short-term tactical play on mean reversion, not a directional bet on the overall rally. Always manage your risk—size accordingly and be mindful that volatility can widen spreads$XRP .
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