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XRP’s bearish signal this round—I went all-in with 95% conviction.
$XRP /USDT - SHORT sell
Trading plan:
Entry: 1.0669 – 1.0703
SL: 1.0852
TP1: 1.0561
TP2: 1.0478
TP3: 1.0353
Why focus on this structure?
- The daily trend is clearly bearish, with 4-hour shorts dominating.
- The current 1-hour EMA is under pressure, and the RSI on the 15m is 59.17—rebound strength is weak.
- Entry reference is 1.0686, with TP1 at 1.0561; TP2 at 1.0478, and SL set at 1.0852.
- Why now? The rebound high is exactly a spot for the shorts to add—wait for the pullback confirmation.
Discussion:
Will this drop reach TP2 first, or will it get a bull trap rebound before falling again? Drop your view in the comments.