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Most traders are still long XRP—here’s why the 1D trend says they’re wrong.
$XRP /USDT - SHORT
Trade Plan:
Entry: 1.1687 – 1.1755
SL: 1.2046
TP1: 1.1477
TP2: 1.1314
TP3: 1.1070
Why this setup?
4H structure broke bearish with 95% confidence. RSI on 15M is 63.44—just enough room to drop before hitting oversold. Entry zone 1.1687–1.1755, TP1 at 1.1477. Daily trend hasn’t flipped; this is a continuation, not a reversal. Why now? The ATR on 1H is tight (0.0135), meaning the squeeze is loading for a fast move south.
Debate:
Are you shorting the 1.1721 breakdown or waiting for a retest of 1.1755?