Why is everyone suddenly shorting XRP right when the 1h candle closes at 1.343? $XRP /USDT - SHORT Trade Plan: Entry: 1.341 – 1.345 SL: 1.360 TP1: 1.330 TP2: 1.322 TP3: 1.309 Why this setup? Why now? The 1h price sits at 1.343 inside a tight range, the 15m RSI is running at 33.39 and the 1h ATR is just 0.007062, which together show exhaustion and compressed volatility begging for a breakdown. The daily trend is range-bound, so this short entry zone between 1.341 and 1.345 targets a clean move toward TP1 at 1.330 and TP2 at 1.322. The invalidation level at 1.391 is the hard line in the sand that would flip this thesis entirely. Debate: Are we testing TP2 at 1.322 or is the range about to trap the shorts? ⚠️ Personal market analysis only. NFA — manage risk and DYOR. Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.

$XRP LOSING THE RECOVERY ZONE SELLERS ARE PRESSING AGAIN The 4H structure remains under pressure after #XRP failed to reclaim the 1.37–1.38 region. Price has formed lower highs and is now slipping back toward 1.34 support, keeping the short-term downside setup active. SHORT BIAS Entry Area: 1.340 – 1.355 Invalidation: 1.375 TP1: 1.325 TP2: 1.310 TP3: 1.295 A sustained move above 1.375 would invalidate the bearish setup.

After taking profit on the short, I chose to slow the pace down. As $BTC came under pressure and moved down from the highs, I didn’t try to call the top. Instead, I waited until each rebound was weaker than the last before opening shorts in batches. After entering, I first endured a period of sideways movement. Since my protection level wasn’t swept, I continued holding. The key to this trade was protecting profits, not betting on the direction. During the holding period, the price drifted lower slowly, with occasional wicks, but it did not make higher lows at key levels. I handled it with an 80/20 approach, taking most of the profit off the table around +192.54%, while keeping a small position to see whether it could break the previous low. It now looks more like weak consolidation, and continued acceleration cannot be confirmed for the time being. I’ll consider adding only after weakness is confirmed. As long as the key previous low is lost, I’m inclined to hold for another leg; if the price reclaims the key-level zone, the original thesis is invalidated. I won’t chase here—I’ll wait for the next structure. I’ll assess the support first before deciding. $XRP $SNDK