CScalp_EN

LONG #XRPUSDT level breakdown

Largo
BINANCE:XRPUSDT.P   XRP / TetherUS PERPETUAL CONTRACT
LONG #XRPUSDT from $0.7455 stop loss $0.7399

30m TF. The instrument is located in the local balance, from which an attempt was made to start a downtrend. However, the price made a false breakout of the minimum, making a test of the volume level of the higher timeframe VAH 0.6570$. Further, after a surge in vertical volume, we saw a sharp return to the range, which indicates the buyer's interest.

In addition, not so long ago, the asset left a shelf of liquidity in front of the senior resistance level, which is a magnet for buyers. After exiting the balance, I expect an approach to the level of 0.7455$, and a further breakdown of this level.

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