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XRP this bounce—do you dare to follow?
$XRP /USDT - Long
Trade Plan:
Entry: 1.087 – 1.091
SL: 1.061
TP1: 1.110
TP2: 1.124
TP3: 1.146
Why focus on this structure?
- The 15-minute RSI is only 29.48, which is deeply oversold, and short-term rebound momentum is building.
- The 4-hour bullish signal (84% confidence): entry reference is 1.089, TP1 is at 1.110, and the risk-reward ratio is reasonable.
- Although the daily chart is still bearish, the oversold zone + bullish structure is exactly the moment to catch a short-term pullback.
Discussion:
Will this move reach TP2 at 1.124 first, or is it a bull trap?