XRP still looks bearish inside a daily stack
🔴 SHORT $XRP /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 1.2497 – 1.2509
TP1: 1.2405 (-0.8%)
TP2: 1.2340 (-1.3%)
TP3: 1.2242 (-2.1%)
SL: 1.2633 (+1.0%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? 4/12 signals agree, 1 against.
• Daily trend down (below EMA50 & EMA200)
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
Risk: BTC is rising, this coin follows (corr 0.64)
Q: Why short when BTC trend is up?
A: Daily trend is bearish stack and price is below EMA200.
Q: What if price reverses from here?
A: The 1h price at 1.2503 is only −0.8 ATR from EMA50.
What is your XRP level or bias?
🔴 SHORT $XRP /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 1.2497 – 1.2509
TP1: 1.2405 (-0.8%)
TP2: 1.2340 (-1.3%)
TP3: 1.2242 (-2.1%)
SL: 1.2633 (+1.0%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? 4/12 signals agree, 1 against.
• Daily trend down (below EMA50 & EMA200)
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
Risk: BTC is rising, this coin follows (corr 0.64)
Q: Why short when BTC trend is up?
A: Daily trend is bearish stack and price is below EMA200.
Q: What if price reverses from here?
A: The 1h price at 1.2503 is only −0.8 ATR from EMA50.
What is your XRP level or bias?
