XRP Liquidation at $3.053 Signals Short-Term Weakness

I noticed a large XRP long — $63.8K — was liquidated at $3.053. I view this as a clear sign of short-term selling pressure and clustered stops near that level.

I think the forced exit increases downside risk if momentum continues; a quick reclaim above $3.05 would suggest the move was largely a squeeze rather than a trend change.

I'll be watching volume and price reaction around $3.05–$3.20 before considering new long exposure, and I would avoid adding size into the immediate weakness.