๐ช๐ผ $XRP Liquidity Trap โ Shorts Preparing the Next Move
๐ First โ congratulations...๐
Yesterday's $RIVER setup played out perfectly. All TPs were hit successfully and the move delivered strong profits. Respect to those who trusted the setup and stayed disciplined.
Now looking at XRP.
XRP is holding near 1.35, but the structure remains weak.
The 1H chart continues to print lower highs, and derivatives positioning shows short pressure increasing. This type of structure often leads to a small bounce first, then a liquidity sweep below support.
๐ Setup
Main Entry: 1.356 โ 1.368 (short on bounce / rejection)
Position: Short
SL: 1.372
TP1: 1.341
TP2: 1.332
TP3: 1.325
โ ๏ธ Market may push 1.36 โ 1.37 first to clean early shorts before continuation.
๐ If entering now
Entry: 1.348 โ 1.352
SL: 1.372
TP1: 1.341
TP2: 1.332
โ ๏ธ Higher risk because price is below ideal resistance zone.
๐ Logic
๐ธ 1H lower-high trend โ bearish structure
๐ธ Price below MA25 โ resistance around 1.36
๐ธ Open Interest rising while price weak โ shorts building
๐ธ Top trader long ratio dropping โ large traders hedging
๐ธ Negative futures basis โ derivatives market leaning short
Typical pattern: bounce โ rejection โ liquidity sweep lower.
๐ Note
Today is weekend and US session is closed, so I shared this XRP setup now.
Otherwise I usually post during US session when liquidity and moves are stronger.
Follow #MeowAlert for more setups.
Keep thinking. ๐พ
#USJobsData #AltcoinSeasonTalkTwoYearLow
