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🔥$XRP Once this support breaks, the bulls are done for!
Brothers, just look at the data:
Current price 1.3439, MA5(1.3462), MA10(1.3514), MA20(1.3535) are all in a bearish arrangement, and the EMA system is also pressing downward, indicating a clearly weak short-term trend.
Trading volume is 556.6k, with no significant increase, suggesting limited selling momentum.
Key levels:
Resistance above at 1.3550 (consolidation zone of moving averages), strong support below at 1.3000. If 1.30 cannot hold, the next target is around 1.25.
How to trade the contract?
· Left-side players: Lightly try long positions around 1.305-1.31, stop-loss at 1.295, leverage 3-5x (don't be greedy, staying alive is important)
· Right-side players: Wait until it stabilizes above 1.355 before considering chasing, otherwise just watch without touching.
· Short positions are not recommended; limited downside space, easy to be hit by a rebound.
Remember: Holding positions through a breakdown is the fastest way to go bankrupt. As long as your capital is intact, opportunities will always be there.
The positive news from SBI Ripple Asia hasn't been realized yet; medium-term expectations are there, but in the short term, respect the market.
Additionally, a new project to watch with small positions: Musk concept "Little Puppy"
Puppies tail number: 6eb2
Community autonomous meme, already listed on Sesame Exchange. When playing the lottery, don’t get carried away.
Personal analysis, for reference only. #加密市场小幅下跌 #创作者冲榜 #Web3安全指南