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XRP shorts have a 95% win rate—are you brave enough to follow?
$XRP /USDT - SHORT to go short
Trading plan:
Entry: 1.0870 – 1.0894
SL: 1.0994
TP1: 1.0798
TP2: 1.0741
TP3: 1.0657
Why pay attention to this setup?
- Bearish signals on the 4-hour timeframe are locked in, with a clearly bearish 1-day trend
- RSI on the 15-minute chart is 49.66: momentum is neutral, but the risk of a breakdown increases
- Current price is 1.0882; TP1 at 1.0798, TP2 at 1.0741
- Stop-loss at 1.0994: clear risk control, with a reward-to-risk ratio above 2:1
- Why now? ATR on the 1-hour timeframe is only 0.004684—after volatility tightens, a breakout is imminent
Discussion:
Will the shorts hit TP2 first, or will it pull up with a bull trap?