Lingrid | XRPUSDT Channel Break - Upside Momentum Potential

XRPUSDT has rebounded from the 2.8765 zone, aligning with the upward trendline and breaking free from compression structure. Price action now presses toward resistance with the potential to retest the 3.15 area, where prior tops have formed. A sustained hold above 2.90 would strengthen the bullish case for continuation into the resistance zone. Momentum remains constructive, but the structure shows buyers need confirmation at higher levels.

⚠️ Risks:

• Rejection below 2.90 could trap longs and lead to a pullback toward 2.50.
  
• Compression breakdown may trigger renewed bearish momentum.
  
• Broader market weakness could cap upside despite local bullish structure.

If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!