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XRP bear trap has appeared, can you trust a signal with 95% win rate?
$XRP /USDT - SHORT
Trading Plan:
Entry: 1.1059 – 1.1093
SL: 1.1244
TP1: 1.0950
TP2: 1.0866
TP3: 1.0740
Why focus on this structure?
- 4H timeframe: EMA bearish divergence, RSI 15min overbought at 70.71, short-term rebound has reached its limit.
- Entry reference 1.1076, stop loss 1.1244, risk-reward ratio over 2x.
- 1D trend clearly bearish, currently at the end of a pullback, not a reversal.
Discussion:
Will this wave hit TP1 at 1.0950 first, or will it directly spike to trap bulls?