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XRP short positions have a 95% win rate. Do you dare to follow?
$XRP /USDT - Short SHORT
Trading Plan:
Entry: 1.1334 – 1.1384
SL: 1.1601
TP1: 1.1177
TP2: 1.1056
TP3: 1.0874
Why focus on this structure?
- The 1-day trend is clearly bearish, and the 4-hour signal confirms bearish dominance.
- Current price 1.1359, RSI on 15-minutes is only 35.34, weakness remains unchanged.
- Entry range 1.1334-1.1384, TP1 at 1.1177, TP2 at 1.1056, clear risk-reward ratio.
- Why now? Bearish momentum has not exhausted, EMA moving average suppression, any bounce is a short opportunity.
Discussion:
Do you think this wave will first reach TP2, or will it falsely break down and bounce back?