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Nobody’s talking about the silent RSI collapse on XRP right now.
$XRP /USDT - SHORT
Trade Plan:
Entry: 1.13 – 1.13
SL: 1.15
TP1: 1.11
TP2: 1.10
TP3: 1.08
Why this setup?
The 15m RSI is at 33.91—deep in oversold territory—but the 4H bias is still 95% SHORT.
- Price pinned at 1.13, right under a bearish 1D trend.
- ATR on 1H is tight (0.0097), meaning a breakout is imminent.
- Why now? The entry is armed: if 1.13 breaks, TP1 at 1.11 is the first domino.
Debate:
Are you fading the RSI bounce or riding the trend to 1.08?