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XRP shorts have a 95% win rate—are you brave enough to catch this flying knife?
$XRP /USDT - SHORT
Trading plan:
Entry: 1.1060 – 1.1092
SL: 1.1231
TP1: 1.0960
TP2: 1.0882
TP3: 1.0766
Why focus on this setup?
- On the 4-hour timeframe, the bearish trend is clear; 1.1076 is a precise short point. RSI on the 15-minute chart is only 44.31, and the bounce lacks strength.
- Why now? ATR is only 0.00645. After volatility contraction, the direction must be chosen—shorts have fully built up momentum.
- Target TP1: 1.0960, TP2: 1.0882, with SL strictly at 1.1231. The risk-reward ratio is over 3x.
Discussion:
Will this move first dump to TP2, or will it fake higher to 1.1137 to lure longs before dropping?