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Everyone is still buying XRP—I’m watching the 4h trap snap shut at 95% confidence.
$XRP /USDT - SHORT
Trade Plan:
Entry: 1.1118 – 1.1168
SL: 1.1382
TP1: 1.0964
TP2: 1.0844
TP3: 1.0665
Why this setup?
- SHORT bias locked in with 95% confidence on the 4h timeframe.
- Daily trend is bearish, and RSI on 15m sits at 49.37—neutral, not oversold, meaning downside room is open.
- Entry zone: 1.1118–1.1168. First target: 1.0964. ATR of 0.009968 confirms volatility is tight, favoring a controlled breakdown.
- Why now? Price is hovering at the ref level while the daily trend aligns—this is the moment before the drop accelerates.
Debate:
Are you adding shorts at 1.1143 or waiting for a retest of 1.1168?