XRPUSDT Has Broken Uptrend: Short Opportunity Ahead?
XRP is under bearish pressure after breaking the uptrend and now, if it fails to break above the resistance zone of 0.5475 USDT, the price may continue to fall further.
Trading Strategy:
Entry: A reasonable strategy could be to sell if the price fails to break above the resistance zone of 0.5450 - 0.5475 USDT.
Target: Potential profit levels would be 0.5359 USDT.
Stop Loss: A stop loss should be placed above 0.5501 USDT to ensure safety if the price suddenly bounces back.
Trading Strategy:
Entry: A reasonable strategy could be to sell if the price fails to break above the resistance zone of 0.5450 - 0.5475 USDT.
Target: Potential profit levels would be 0.5359 USDT.
Stop Loss: A stop loss should be placed above 0.5501 USDT to ensure safety if the price suddenly bounces back.
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