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XRP 4-hour bearish signal, 95% win rate, dare you follow?
$XRP /USDT - Short
Trade Plan:
Entry: 1.1451 – 1.1507
SL: 1.1746
TP1: 1.1279
TP2: 1.1145
TP3: 1.0945
Why focus on this structure?
- The 1-day trend is clearly bearish, with the 4-hour EMA acting as effective resistance and strong bearish momentum.
- RSI 15-minute at 52.24, not oversold, limited room for a bounce, entry timing is ripe.
- Current price 1.1479, direct short targeting TP1 at 1.1279, risk-reward ratio over 2:1.
Discussion:
Will this short hit TP1 first or spike to lure longs? Have you placed your order?