Have you been trapped on this XRP fake breakout at 1.10?



$XRP /USDT - SHORT (sell short)

Trading plan:
Entry: 1.0993 – 1.1021
SL: 1.1137
TP1: 1.0909
TP2: 1.0844
TP3: 1.0746

Why focus on this structure?
On the 4-hour timeframe, the bearish side is confirmed; on the daily timeframe, the trend is bearish. RSI on the 15m is only 57.22 and hasn’t entered overbought. Current price 1.1007 is pressing along the EMA downward pressure band; the stop-loss at 1.1137 is clear. TP1 is 1.0909, TP2 is 1.0844. Why now? Bullish momentum is fading, and range consolidation at the high is a trap to lure longs.

Discussion:
Will this move reach TP2 first, or will it break the SL first?
XRP2.22%
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