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Don’t rush, XRP bulls—this bearish setup has a 95% win rate
$XRP /USDT - Short SHORT
Trading plan:
Entry: 1.0879 – 1.0903
SL: 1.1004
TP1: 1.0806
TP2: 1.0749
TP3: 1.0664
Why pay attention to this structure?
- 4-hour bearish confirmation, the 1-day trend is clearly bearish, and the entry point at 1.0891 is precisely positioned.
- RSI on 15m is in the neutral zone at 54; it hasn’t been oversold yet, leaving ample downside room.
- TP1=1.0806, TP2=1.0749, SL=1.1004, with a reward-to-risk ratio close to 3:1.
Discussion:
Do you think XRP will hit TP2 first, or will it get a stop-run pullback?