Smart money is aggressively building short positions as the retail buyers get trapped in losing trades.

I am analyzing the whale distribution data for $XRP

XRP
XRPUSDT
1.1914
+3.30%

in the file named 1000038214.png and the trend is clearly bearish.

My eyes are on the heavy short positions where over four hundred whales are sitting in massive profits right now. On the other side, the buyers are caught in a bad spot and facing heavy losses as the price dropped.

Because the order flow shows strong selling pressure, I am looking for a short setup to ride this downward momentum. I am waiting for the price to pull back slightly toward local resistance before taking action.

My trade plan uses a strict risk-to-reward ratio where the final target is exactly twice the size of my risk.

Trade Setup:

Entry Price: 1.1060

Stop Loss: 1.1360

Take Profit 1: 1.0760

Take Profit 2: 1.0460