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Everyone is still bullish on XRP, but the 4H chart just flagged a 95% confidence SHORT.
$XRP /USDT - SHORT
Trade Plan:
Entry: 1.1546 – 1.1622
SL: 1.1953
TP1: 1.1307
TP2: 1.1122
TP3: 1.0845
Why this setup?
Why now? RSI on the 15m is at 63.4 (overextended in a bearish trend), and ATR on 1H shows tight volatility—meaning a breakdown is imminent. Entry at 1.1584, with TP1 at 1.1307 and TP2 at 1.1122. The daily trend is bearish, so shorts have the tailwind.
Debate:
Are you holding long or fading this rally into the short squeeze?