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XRP bulls are still waiting for 1.10? Watch out—the 4-hour short trap is already set.
$XRP /USDT - SHORT sell
Trading plan:
Entry: 1.0933 – 1.0959
SL: 1.1070
TP1: 1.0853
TP2: 1.0791
TP3: 1.0698
Why focus on this structure?
Why now?
- 4-hour timeframe direction is clear: SHORT, confidence 95%.
- The 1D trend remains bearish, with obvious EMA suppression.
- The 15-minute RSI is only 35.47; the rebound has no strength, and the bearish momentum hasn’t fully been released yet.
- Entry reference: 1.0946, TP1=1.0853, TP2=1.0791, SL=1.1070.
- Only if it breaks above 1.1116 will this setup be invalid; currently, the short side has the better odds.
Discussion:
Do you think XRP will hit TP2 first, or get faked into a pump and pulled back above 1.10?