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Everyone’s buying XRP at 1.17—but the 1D trend is still bearish.
$XRP /USDT - SHORT
Trade Plan:
Entry: 1.1666 – 1.1708
SL: 1.1954
TP1: 1.1487
TP2: 1.1354
TP3: 1.1154
Why this setup?
RSI on 15m just hit 81.91—overbought in a downtrend. ATR shows tight volatility (~0.0085 on 1h), meaning a snapback is brewing. The 4h short setup has 80% confidence with TP1 at 1.1487 and TP2 at 1.1354. Why now? The entry zone is 1.1687–1.1708, and momentum is fading.
Debate:
If XRP rejects 1.17 again, are you shorting to TP2 or waiting for a break above 1.20?