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XRP bulls’ last chance to escape?
$XRP /USDT - SHORT (sell)
Trading plan:
Entry: 1.0870 – 1.0902
SL: 1.1036
TP1: 1.0774
TP2: 1.0699
TP3: 1.0587
Why focus on this structure?
- On the 4-hour timeframe, the trend is clearly bearish; on the daily chart, the bears dominate, with 95% confidence pointing to SHORT.
- RSI on the 15m is only 52.65; the rebound lacks strength, and under EMA pressure it’s hard to sustain a push higher.
- Current price 1.0886 is close to the short-entry zone; TP1 at 1.0774 only offers 1% upside room, with a clear risk-reward setup.
Discussion:
Will this dip reach TP1 first, or directly break TP2?