XRP bulls’ last party?



$XRP /USDT - short SHORT

Trading plan:
Entry: 1.1116 – 1.1150
SL: 1.1296
TP1: 1.1011
TP2: 1.0930
TP3: 1.0808

Why watch this structure?
- 4-hour EMA death cross + RSI on 15m touching the 69.25 overbought zone, short-term momentum is exhausted
- Clear bearish trend on 1D, and 1.1133 is the current rebound ceiling
- ATR is only 0.0068; tightening volatility suggests a reversal is imminent, with a 95% probability of downside

Discussion:
With this move—placing a short order at 1.1133—should you first take TP1, or go straight with a needle into TP2?
XRP1.17%
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