XRP Bulls’ final chance to escape?



$XRP /USDT - Short SHORT

Trading plan:
Entry: 1.1000 – 1.1036
SL: 1.1193
TP1: 1.0887
TP2: 1.0799
TP3: 1.0668

Why watch this structure?
- The 1D trend is clearly bearish; on the 4H level RSI, the 15M is only 36.66, and momentum continues to fade.
- Around 1.1018 is the best SHORT entry zone: TP1 at 1.0887, TP2 at 1.0799, with SL set at 1.1193.
- If it bounces above 1.1036, the bearish structure remains unchanged, and the probability of a bull-trap is high.

Discussion:
Will this one hit TP1 first, or go straight for the wick at 1.0799?
XRP0.46%
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