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XRP 4-hour shorts are already armed—do you dare to catch this flying knife?
$XRP /USDT - SHORT sell
Trade plan:
Entry: 1.0833 – 1.0857
SL: 1.0959
TP1: 1.0760
TP2: 1.0703
TP3: 1.0618
Why focus on this setup?
- RSI on the 15-minute chart has fallen to 36, momentum is bearish, but it hasn’t reached oversold yet, with room for downside.
- The 1D trend is clearly bearish; around 1.0845 is exactly the SHORT entry zone, right under EMA pressure.
- Why now? The 4-hour short structure is complete—TP1 at 1.0760 is right in front of you, and SL at 1.0959 is clear and manageable.
- 95% high confidence; the inverse probability is extremely low—don’t wait for a rebound to chase.
Discussion:
In this move, does price first smash into TP2 at 1.0703, or is it a bull trap pullback? Which side are you on?