XRP 4-hour chart hides a potential trap; the bearish signal is now flashing.
$XRP /USDT - SHORT
Trading plan:
Entry: 1.4200 – 1.4294
SL: 1.4703
TP1: 1.3905
TP2: 1.3677
TP3: 1.3335
Why pay attention to this setup?
- 1D is range-bound, while the 4H direction is clear: SHORT, with a signal score of 55.4—not strong, but sufficient.
- The current price is 1.4247, right around the EMA. The short-term 15M RSI at 54.66 is neutral to slightly weak, and the rebound lacks momentum.
- TP1 1.3905 is the first target, TP2 1.3677 offers substantial room, and the SL at 1.4703 is clear, making the ri