Is XRP bulls’ last struggle? 4-hour shorts are in place



$XRP /USDT - SHORT sell

Trading plan:
Entry: 1.0623 – 1.0659
SL: 1.0816
TP1: 1.0510
TP2: 1.0422
TP3: 1.0290

Why focus on this structure?
- The 1-day trend is clearly bearish. The 4-hour EMA is suppressing and moving downward, leaving limited room for rebounds.
- RSI on the 15-minute timeframe is only 52.75, neutral to weak, with no oversold-to-up support.
- Current price is 1.0641, sitting right at the short entry. Above, SL at 1.0816 is only about 2% risk. Below, TP2 at 1.0422 offers about 2% room, with an excellent risk-reward ratio.

Discussion:
With the 1.0641 short order placed, will this move first break TP1 at 1.0510, or will it trap bulls and lure a long to sweep the SL?
XRP-0.60%
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