The last carnival for XRP bulls? This SHORT signal has a 95% win rate



$XRP /USDT - SHORT

Trade Plan:
Entry: 1.0861 – 1.0907
SL: 1.1103
TP1: 1.0720
TP2: 1.0610
TP3: 1.0446

Why pay attention to this structure?
- 4H period bearish dominance, 1D trend clearly bearish, EMA moving averages bearish alignment suppressing price
- RSI 15-minute only 56.52, rebound momentum exhausted, 1.0884 is the rebound limit zone
- ATR 0.0091 volatility contraction, once it breaks below the 1.0861 support, it will accelerate down to TP1 1.0720
- Why now? 1.0884 is exactly the 4H EMA50 resistance level, and it has been tested multiple times without a breakout

Discussion:
Will it first hit TP2 1.0610, or trap bulls and pull back to 1.1048?
XRP-3.01%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned