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XRP shorts have a 95% win rate—dare you to follow?
$XRP /USDT - SHORT SHORT
Trading plan:
Entry: 1.0856 – 1.0888
SL: 1.1028
TP1: 1.0755
TP2: 1.0677
TP3: 1.0561
Why focus on this setup?
- The daily trend is clearly bearish; the 4-hour EMA is suppressing price, and there’s 1-hour resistance at 1.0872.
- RSI on 15 minutes is 48.5—neutral to slightly weak, with no rebound signal.
- ATR on 1 hour is 0.0065; volatility is moderate. The current entry at 1.0872 is right up against resistance.
- Why now? The daily bearish pressure hasn’t fully run out yet. Price has just tapped the resistance zone on the 1-hour timeframe, and the long-side risk/reward for a short is favorable.
Discussion:
Will this drop hit TP1 1.0755 first, or will it do a wick to lure longs?