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XRP long’s last escape window?
$XRP /USDT - SHORT for the short side
Trading plan:
Entry: 1.0855 – 1.0893
SL: 1.1057
TP1: 1.0737
TP2: 1.0645
TP3: 1.0508
Why focus on this structure?
The 4-hour timeframe bearish signals are already locked in, with 95% confidence pointing to a decline. The EMA moving averages are in a bearish alignment, and the RSI on the 15-minute timeframe is only 40.86, showing weak rebound strength. With entry around 1.0874, set TP1 at 1.0737, TP2 at 1.0645, and keep SL conservatively at 1.1057. Why now? The 1D trend is clearly bearish, ATR volatility is 0.0076, and the short-side momentum hasn’t been fully released yet.
Discussion:
Will this move hit TP2 first, or will it be a stop-hunt fakeout then reverse back to 1.10?