🔴 $XRP /USDT · Bias: SHORT
XRP price sits below stacked bearish EMAs on the 4h, so the swing trend is down.

Entry: 1.0987 – 1.1017
TP1: 1.0745 (-2.3%)
TP2: 1.0574 (-3.9%)
TP3: 1.0317 (-6.2%)
SL: 1.1344 (+3.1%)
Note: moderate conviction only, keep size light.

Why: The daily trend is bearish with price below EMA50 and EMA200, meaning the big-picture trend is down.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.

Do you agree with a short here?


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