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XRP’s drop this round—are the main forces waiting for you to take the bag?
$XRP /USDT - SHORT
Trading plan:
Entry: 1.0990 – 1.1026
SL: 1.1179
TP1: 1.0880
TP2: 1.0794
TP3: 1.0665
Why focus on this structure?
- 4-hour short signals, with a 95% confidence level indicating XRP will continue falling.
- Current price is 1.1008; the 15-minute RSI is only 39.96, with weak momentum.
- Why now? The EMA trend has broken; 1.1179 is the stop-loss line. Below that, TP1 is at 1.0880 and TP2 is at 1.0794.
- Risk of bull trap? 1.1133 is an invalidation level—if it breaks out, the shorts fail.
Discussion:
Do you think XRP will reach TP2 first, or will it rebound to lure longs before dropping again? See you in the comments.