Has XRP bulls’ final line of defense already broken?



$XRP /USDT - Sell SHORT

Trading plan:
Entry: 1.0841 – 1.0863
SL: 1.0958
TP1: 1.0773
TP2: 1.0720
TP3: 1.0641

Why pay attention to this structure?
- The 1-day trend is clearly bearish, and the 4-hour direction is SHORT, with 95% confidence.
- Current price is 1.0852; the EMA and RSI (15m 43.67) are both weak, with rebounds lacking momentum.
- Stop loss at 1.0958, TP1 at 1.0773; risk-reward is 2:1, and downside room is opening up.

Discussion:
Will this XRP move hit TP1 first and then accelerate into the drop, or will it directly spike down to bait a long?
XRP0.33%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned