XRP oversold on 4-hour chart, rebound imminent?



$XRP /USDT - long LONG

Trading Plan:
Entry: 1.0909 – 1.0957
SL: 1.0630
TP1: 1.1160
TP2: 1.1312
TP3: 1.1539

Why focus on this structure?
- 15-minute RSI at only 22.45, extremely oversold, strong short-term rebound momentum
- 4-hour bullish signal (84% confidence), EMA support around 1.0909
- Daily chart is bearish, but oversold rebounds usually precede trend reversals. Current 1.0933 is a dip-buying window

Discussion:
Will this wave reach TP1 at 1.1160 first, or is it a bull trap?
XRP-3.94%
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