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I’m shorting XRP at 1.0486 while everyone chases the breakout—here’s the trap.
$XRP /USDT - SHORT
Trade Plan:
Entry: 1.0460 – 1.0512
SL: 1.0738
TP1: 1.0297
TP2: 1.0171
TP3: 0.9982
Why this setup?
• 95% confidence SHORT signal on 4h frame.
• Daily trend is bearish, RSI 15m at 48.5—neutral but weak.
• Entry zone 1.0460–1.0512 with tight stop above 1.0738.
• First target 1.0297, second 1.0171.
• Why now? Price rejected resistance and ATR shows low volatility—squeeze is building.
Debate:
Are we sliding to TP2 or is this a fakeout before a pump to 1.08?