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XRP shorts—95% win rate. Are you daring enough to catch this throwing knife?
$XRP /USDT - SHORT
Trading plan:
Entry: 1.0918 – 1.0940
SL: 1.1030
TP1: 1.0853
TP2: 1.0802
TP3: 1.0726
Why focus on this setup?
- The 4-hour timeframe is clearly bearish, and the 1D higher timeframe is also bearish—double pressure.
- The 15-minute RSI is only 40.13 and still in a down-channel; it hasn’t hit oversold, and the short momentum hasn’t fully played out.
- Current price is 1.0929. TP1=1.0853 (-0.7%), TP2=1.0802 (-1.1%). Stop loss at 1.1030 is only 0.9% risk—excellent reward-to-risk.
- Why now? Intraday rebounds are weak. Shorts are building up; after breaking 1.09, the probability of acceleration is high.
Discussion:
Will this move reach TP2 first, or will it fake out and bounce to 1.10 before getting slammed again?