XRP's chart is hiding a trap most traders won't see coming.
$XRP
/USDT - SHORT
Trade Plan:
Entry: 1.385993 – 1.390911
SL: 1.412061
TP1: 1.370745
TP2: 1.358941
TP3: 1.341234
Why this setup?
• 4H chart is ARMED for a SHORT with 89% confidence, aligning with the 1D bearish trend.
• RSI on lower timeframes shows weakness, not yet oversold, allowing room for the move.
• Entry zone is precise; a break above 1.3969 invalidates the setup entirely.
Debate:
Is this the final shakeout before the drop to TP1 at 1.3707, or will the bulls stage a surprise reversal here?
Click here to Trade 👇️
$XRP
/USDT - SHORT
Trade Plan:
Entry: 1.385993 – 1.390911
SL: 1.412061
TP1: 1.370745
TP2: 1.358941
TP3: 1.341234
Why this setup?
• 4H chart is ARMED for a SHORT with 89% confidence, aligning with the 1D bearish trend.
• RSI on lower timeframes shows weakness, not yet oversold, allowing room for the move.
• Entry zone is precise; a break above 1.3969 invalidates the setup entirely.
Debate:
Is this the final shakeout before the drop to TP1 at 1.3707, or will the bulls stage a surprise reversal here?
Click here to Trade 👇️