Is the XRP long side trapped around 1.0933? 95% probability of a trap?



$XRP /USDT - Going SHORT

Trading plan:
Entry: 1.0922 – 1.0944
SL: 1.1034
TP1: 1.0857
TP2: 1.0807
TP3: 1.0731

Why focus on this structure?
- On the 4-hour timeframe, it looks bearish; the 1-day trend is clearly in decline. RSI on the 15m is only 53.99, and the bounce lacks strength.
- Current 1.0933 is a bearish entry point; TP1 1.0857, TP2 1.0807, SL 1.1034.
- Why now? EMA resistance + low RSI means limited upside room, and the short’s win rate is extremely high.

Discussion:
Will this move reach TP2 first, or will it be a bull trap bounce up to 1.1007?
XRP0.82%
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