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XRP bulls' last chance to escape?
$XRP /USDT - SHORT
Trade Plan:
Entry: 1.090 – 1.094
SL: 1.110
TP1: 1.079
TP2: 1.070
TP3: 1.057
Why this structure?
- 1D trend clearly bearish, 4H bearish signal with 95% confidence.
- RSI 15m at 46.48, not oversold, plenty of downside room.
- Current 1.092 sits right at the EMA resistance, with a clear stop at 1.110.
Discussion:
Will this drop first to TP3 at 1.057, or get stop hunted at 1.110 before falling?