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What are XRP bulls waiting for? The 4-hour shorts have locked in a 95% win rate
$XRP /USDT - Short SHORT
Trade Plan:
Entry: 1.1196 – 1.1238
SL: 1.1420
TP1: 1.1065
TP2: 1.0963
TP3: 1.0811
Why pay attention to this structure?
- Current XRP/USDT quote 1.1217, 1-hour EMA has confirmed bearish alignment, 1D trend clearly bearish
- RSI 15-minute is only 41.06, rebound momentum exhausted, bears in control
- Main direction SHORT, TP1:1.1065, TP2:1.0963, SL only 1.1420, risk-reward ratio over 2:1
- Why now? The 4-hour short position is already “Armed”, 1.1235 is the last line of defense for this round, once broken it triggers acceleration
Discussion:
Will this bearish wave reach TP2 first, or will there be a bear trap and reversal? Leave your thoughts in the comments.