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Can you dare to follow a 95% win rate XRP short?
$XRP /USDT - Short SHORT
Trading plan:
Entry: 1.0974 – 1.0994
SL: 1.1075
TP1: 1.0916
TP2: 1.0870
TP3: 1.0801
Why focus on this structure?
- On the 4-hour timeframe, it’s clearly bearish; the 1-day trend has already been confirmed as downward.
- Current price is 1.0984, and RSI (15m) 63.19 is still leaning bearish, with EMA moving averages acting as resistance.
- Entry zone 1.0974–1.0994, TP1: 1.0916, TP2: 1.0870, stop loss 1.1075.
- Why now? After a high-range consolidation, bearish momentum is building; if it breaks above 1.1006, the setup fails.
Discussion:
Will this wave hit TP2 first, or is it a bull trap with a pullback?