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Most traders think XRP is bottoming—here’s why they’re about to get wrecked.
$XRP /USDT - SHORT
Trade Plan:
Entry: 1.0993 – 1.1033
SL: 1.1207
TP1: 1.0867
TP2: 1.0770
TP3: 1.0625
Why this setup?
95% confidence SHORT with bearish daily trend. RSI on 15m at 54.87—neutral, not oversold. ATR on 1h is tight (0.00809), meaning the breakout is imminent. Entry zone 1.0993–1.1033, with TP1 at 1.0867. The invalidation at 1.0801 is far below—this setup has room to run.
Debate:
Are you adding to your short or waiting for a re-test of 1.1033?