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XRP shorts are brewing a 95% win rate—are you game to follow?
$XRP /USDT - SHORT
Trading plan:
Entry: 1.1001 – 1.1035
SL: 1.1185
TP1: 1.0893
TP2: 1.0809
TP3: 1.0683
Why pay attention to this structure?
- The 4-hour timeframe trend is clearly bearish, with the daily chart dominated by shorts.
- RSI on the 15-minute timeframe is only 43.93, with no oversold rebound signals, and momentum is still moving downward.
- The current price is 1.1018, tightly within the short entry zone. SL is 1.1185, with an excellent risk-reward ratio.
- TP1 1.0893 (1.1% space), TP2 1.0809—downside looks clear.
Discussion:
Do you think this move will directly smash into TP2, or will it first bounce to bait longs before dropping?