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⚠️ $XRP Longs Liquidated! Will Bulls Fight Back?
💥 $9.8K worth of long positions just got liquidated at $2.3432! This shows bulls took a hit, but is it a trap for bears, or will the sell-off continue? Let’s break it down!
📌 Buy Zone:
Safe Entry: $2.30 - $2.35 (buy near support)
Breakout Entry: Above $2.38 (if momentum shifts bullish)
🎯 Target Levels:
First target: $2.42 (minor resistance)
Second target: $2.50 (key breakout zone)
Big move potential: $2.65+ (if bulls regain control)
⛔ Stop Loss:
Tight SL: $2.28 (if weakness continues)
Conservative SL: $2.22 (for safer risk management)
🔥 Key Insights:
✅ Longs liquidated – this can lead to either more downside or a strong bounce.
✅ If price holds above $2.34, a recovery is possible.
✅ Watch volume – strong buying pressure could flip momentum.
🚨 Warning: If price breaks below $2.30, bears could take control. Manage your risk wisely!
💡 Final Thought: $XRP is at a critical level. If bulls defend support, a strong comeback could happen. Are you ready for the next move? 🚀🔥
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