XRP/USDT – Bullish Reversal Setup After CHoCH BreakoutXRP / TetherUSBINANCE:XRPUSDTPipshunter27Analysis: The chart shows XRP/USDT (1H timeframe) developing a bullish structure after a Change of Character (CHoCH) confirmation near the $2.94 support zone. Price respected the key demand area (highlighted by green arrows) and broke above the descending trendline, signaling potential reversal momentum. Support Zone: $2.94 – $2.87 (strong demand zone, price reacted twice). Resistance Levels: First target: $3.38 Second target: $3.66 Indicators: SMA (9) at $3.04 – price hovering around it, suggesting early bullish strength. Ichimoku showing potential cloud breakout aligning with bullish momentum. Volume: Increasing at demand, indicating strong buyer interest. Trade Plan: Entry Zone: Around $3.00 – $3.05 (after retest confirmation). Stop-Loss: Below $2.86 (invalidates setup if broken). Targets: TP1: $3.38 TP2: $3.66 Risk/Reward: Favorable, with potential 2:1 or higher depending on entry execution. 👉 This setup suggests that XRP may attempt a bullish continuation if support holds and volume sustains the breakout momentum.