Everyone’s waiting for XRP to bounce—here’s why the short squeeze already failed.
$XRP /USDT - SHORT
Trade Plan:
Entry: 1.1213 – 1.1235
SL: 1.1423
TP1: 1.1075
TP2: 1.0976
TP3: 1.0827
Why this setup?
4h chart shows a bearish trend with RSI at 29.53 on the 15m, signaling oversold but no reversal. The short entry at 1.1224 is armed, with TP targets as low as 1.0827. ATR at 0.00827 confirms low volatility, meaning the downtrend has room to run. This isn’t a dip to buy—it’s a breakdown in progress.
Debate:
Are you holding for a fakeout pump or respecting the bearish structure?
Click here to Trade 👇️
$XRP /USDT - SHORT
Trade Plan:
Entry: 1.1213 – 1.1235
SL: 1.1423
TP1: 1.1075
TP2: 1.0976
TP3: 1.0827
Why this setup?
4h chart shows a bearish trend with RSI at 29.53 on the 15m, signaling oversold but no reversal. The short entry at 1.1224 is armed, with TP targets as low as 1.0827. ATR at 0.00827 confirms low volatility, meaning the downtrend has room to run. This isn’t a dip to buy—it’s a breakdown in progress.
Debate:
Are you holding for a fakeout pump or respecting the bearish structure?
Click here to Trade 👇️