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What if XRP is about to repeat its 2024 fakeout—right now?
$XRP /USDT - SHORT
Trade Plan:
Entry: 1.140 – 1.144
SL: 1.163
TP1: 1.126
TP2: 1.116
TP3: 1.100
Why this setup?
- 4H SHORT bias with 95% confidence, triggered at 1.142.
- Daily trend is bearish, RSI 15m at 50.67—no momentum to break up.
- TP1 at 1.126, TP2 at 1.116: tight risk-to-reward with ATR confirming calm but directional move.
- Why now? Price is hovering inside entry zone, waiting for a rejection.
Debate:
Do you trust a 95% confidence SHORT, or is this the perfect trap before a squeeze?