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XRP 4-hour level counter-trend long, are you brave enough to follow?
$XRP /USDT - LONG
Trading plan:
Entry: 1.0923 – 1.0971
SL: 1.0653
TP1: 1.1167
TP2: 1.1314
TP3: 1.1534
Why focus on this structure?
- Daily is bearish, but the 4H bullish signal is clear, 84% high confidence.
- RSI 15-minute at 31.37 is oversold, entry at 1.0947 tight to support, risk-reward ratio 3:1.
- Target TP1 1.1167, TP2 1.1314, stop loss at 1.0653 for protection.
Discussion:
Will this XRP move reach TP2 first or is it a bull trap?