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XRP bearish signals have been locked in—are you brave enough to short?
$XRP /USDT - SHORT
Trading plan:
Entry: 1.0870 – 1.0892
SL: 1.0987
TP1: 1.0802
TP2: 1.0749
TP3: 1.0669
Why focus on this structure?
- On the 4-hour timeframe, it’s clearly bearish, with a 95% high confidence.
- Around 1.0881 now, RSI on the 15-minute timeframe is 53.89—no overbought/overloaded conditions, with room to the downside.
- Targets: TP1 1.0802, TP2 1.0749, stop-loss at 1.0987.
- The daily trend is bearish—why now? The pullback hasn’t broken resistance, and bearish momentum is strong.
Discussion:
Will this move reach TP2 first, or will it trigger the stop-loss? See you in the comments.