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XRP short positions: 95% win rate—are you in?
$XRP /USDT - Short SHORT
Trading plan:
Entry: 1.1100 – 1.1142
SL: 1.1324
TP1: 1.0969
TP2: 1.0868
TP3: 1.0716
Why focus on this setup?
- 4-hour timeframe: shorts dominate; RSI (15m) is only 43.6, and momentum is weak.
- Enter around 1.1121; TP1 at 1.0969 (-1.3%), TP2 at 1.0868 (-2.3%), stop loss at 1.1324.
- The current price is near an EMA resistance zone, and downside room is opening up.
- Why now? The 15-minute RSI hasn’t hit oversold yet; shorts haven’t run out, and the 1D trend is clearly bearish.
Discussion:
Will this reach TP1 first, or will it smash straight through TP2? Where are you placing your orders?