XRP at 1.09—do you dare to short it?



$XRP /USDT - SHORT

Trading plan:
Entry: 1.0893 – 1.0929
SL: 1.1083
TP1: 1.0782
TP2: 1.0695
TP3: 1.0566

Why focus on this structure?
- On the 4H timeframe, the trend is clearly bearish; 1D is also bearish, with alignment in direction.
- Current price 1.0911 is near the entry reference. 15M RSI is 48.8, slightly neutral, but downside momentum hasn’t been released yet.
- Why now? TP1 is 1.0782, TP2 is 1.0695, and the stop loss is 1.1083—clear levels with an enticing risk-reward ratio.

Discussion:
Will this wave reach TP2 first, or is it going to lure a bearish short into a rebound?
XRP-2.72%
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