Don’t get too excited, XRP longs—around 1.07 is a short trap.



$XRP /USDT - SHORT sell

Trade plan:
Entry: 1.0682 – 1.0714
SL: 1.0852
TP1: 1.0582
TP2: 1.0505
TP3: 1.0390

Why focus on this structure?
• On the 4-hour timeframe, the direction is clear: SHORT, confidence 95%, and the 1D trend is bearish.
• The current price at 1.0698 is running into EMA resistance; the 15-minute RSI is 57.8 and has not broken above 60, so the rebound lacks strength.
• Why now? ATR is only 0.0064. After volatility contraction, it’s likely to break downward; the entry zone is 1.0682–1.0714.

Discussion:
Will this move first reach TP1 at 1.0582, or will it directly spike into TP2 at 1.0505?
XRP-0.84%
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