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Wait until you see where $XRP is trying to settle because this setup is getting messy.
The 1h chart shows we’re in a bit of a tug-of-war right now. We had that dip down to $1.3775 which got bought up fairly quickly, but we just got rejected hard at $1.4388. It looks like the bulls are struggling to keep the momentum going above $1.42.
Price action is currently stuck in a range. If we can’t hold the $1.4150 area, we’re likely heading back down to test that $1.40 support level again. The volume is okay, but it’s not showing that "breakout" energy yet.
I'm keeping an eye on how we close this next candle. If we stay below $1.4284, I might wait for a deeper entry.
#SOLStandsStrong