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Everyone is still bullish on XRP, but the 4h chart just screamed SHORT at 95% confidence.
$XRP /USDT - SHORT
Trade Plan:
Entry: 1.1535 – 1.1619
SL: 1.1984
TP1: 1.1272
TP2: 1.1069
TP3: 1.0764
Why this setup?
Why now? RSI on 15m is already at 42.85 and dropping. The 1D trend is bearish, and ATR shows tight squeeze potential. Entry at 1.1577 with TP1 at 1.1272 gives a 2.6% move before the daily close. No reason to chase longs when the data says the opposite.
Debate:
Are you fading this SHORT signal or joining it before TP2 at 1.1069?