【$XRP Signal】Bullish Breakout with Healthy Cooldown

After a volume breakout on the 4H chart, the price consolidates in a narrow range at high levels. This is a typical cooldown pattern after a strong breakout, not a top. Negative funding rates indicate that bears are still resisting, fueling further short squeeze. Market depth shows dense buy support, with very light selling pressure.

🎯Direction: Long

🎯Entry: 1.4520 - 1.4550

🛑Stop Loss: 1.4300 $XRP Rigid stop loss, break below previous breakout high and dense trading zone(

🚀Target 1: 1.5400

🚀Target 2: 1.6000

Hardcore logic: The price did not retrace significantly after breaking the previous high at 1.3872, but instead formed an extremely narrow consolidation around 1.455 (ATR contraction). This is a hallmark of a strong market—seller exhaustion. Three consecutive volume-increasing bullish candles on the 4H chart confirm the trend, and the current volume contraction is a healthy reset. The buy orders from level one to level three far exceed the sell orders, indicating solid support below. Price rise under negative funding rates suggests a combination of short squeeze and main force buying, making the pullback an opportunity.

Trade here 👇 )
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‍$XRP
#Is the current market bottoming out or just waiting and watching?