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Long signal (Bullish bounce from support)
Price is holding strong above the 1.30–1.31 support zone. Recent candles are showing bullish reaction there, not rejection. Shorter EMAs are curling up, MACD is turning positive, and volume is supporting the green candles.
Entry zone: 1.325 – 1.335
Stop loss: 1.295 (below the strong support — if it loses 1.30, the bounce fails)
Take profits:
TP1: 1.38
immediate resistance where it got rejected before (quick scalp target)
TP2: 1.45
next round number and 0.618 Fib retracement level from the recent drop
TP3: 1.55
stronger resistance and 1.0 Fib extension from the low
$XRP #GateSquareAprilPostingChallenge