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$XRP is preparing to go short. This current rebound may just be a breather; next, it will most likely continue downward. You can short directly on this rebound.
For entry, focus on the 1.098 to 1.125 range. First take-profit target is 1.0676, then look lower at 1.0325. The defense level is at 1.1587.
In terms of execution, you must pay attention to risk. If a strong rebound occurs and recovers 1.1050, the bearish structure may be invalidated. Don’t go all-in; manage your position size according to your account. Also, $COLLECT and $AKE can be worth a quick look as well.