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XRP just flashed a 95% short signal—most people won’t see the trap until it’s too late.
$XRP /USDT - SHORT
Trade Plan:
Entry: 1.0878 – 1.0940
SL: 1.1203
TP1: 1.0688
TP2: 1.0541
TP3: 1.0320
Why this setup?
RSI on the 15-minute chart is at 32.08, deep into oversold territory, yet the 1-day trend remains bearish. The 4-hour setup targets 1.0541 (TP2), with a 1.4% risk buffer to the stop at 1.1203. The 1-hour reference price of 1.0909 is already being tested—why wait for confirmation that never comes?
Debate:
Are you shorting into the oversold RSI or waiting for a dead cat bounce first?