Most traders are still long XRP—but the 4h chart just flashed a 95% short signal.



$XRP /USDT - SHORT

Trade Plan:
Entry: 1.1222 – 1.1290
SL: 1.1585
TP1: 1.1009
TP2: 1.0845
TP3: 1.0599

Why this setup?
Why now? RSI on 15m is 41.06 (weak bounce, no reversal). 1D trend is bearish. ATR shows tight range on 1h (0.0137) — breakdown momentum is building. Entry zone at 1.1256–1.1290 with TP1 at 1.1009 and TP2 at 1.0845. The alt scenario is invalid above 1.2024.

Debate:
Are you shorting XRP here or waiting for a retest of 1.1290?
XRP5.83%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments