XRP/USDT 1H: Bulls Eye $3.35 After Key Liquidity Sweep !XRP/USDT 1H Chart Analysis
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Current Market Structure:
Bullish trend confirmed after a liquidity sweep at 2.65.
Smart Money Activity: Accumulation phase evident with clear order blocks around 3.12.
Risk Score: 7/10 (favorable setup).
Trade Setup:
Entry Zone: 3.17 - 3.18 (current price).
Targets:
T1: 3.25 (premium zone).
T2: 3.35 (previous high).
Stop Loss: Below 3.11 (recent order block).
Key Observations:
RSI: Bullish divergence forming at 57, supporting upside potential.
Premium Zone: Identified at 3.20 - 3.25.
Market Maker Intent: Targeting liquidity above 3.35.
No bearish divergences present, further supporting bullish bias.
Recommendation:
Long positions favorable within the 3.17 - 3.18 range.
Maintain tight stops below 3.11 to limit downside risk.
Watch for volume confirmation to strengthen confidence in the breakout.
Confidence Level: 8/10 for bullish continuation.
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