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Everyone’s bullish on XRP—I’m watching the 1.146 level for a trap.
$XRP /USDT - SHORT
Trade Plan:
Entry: 1.144 – 1.148
SL: 1.163
TP1: 1.133
TP2: 1.125
TP3: 1.112
Why this setup?
95% confidence SHORT signal just triggered on the 4H. Daily trend is bearish, and RSI on the 15m sits at 53.95—no overbought momentum to save the bounce. Entry at 1.146 with TP1 at 1.133 and TP2 at 1.125. The ATR of 0.0071 means the move is tight, not fake.
Debate:
Are you shorting the 1.146 breakdown, or waiting for a reclaim above 1.148?