$XRP - Momentum stalling below key resistance as liquidity thins.
1h · RSI 47 · price 1.09 USDT
Entry: 1.11 USDT
Stop: 1.11 USDT
TP1: 1.09 USDT
TP2: 1.08 USDT
Wait for a 1h close confirmation below 1.09 USDT before considering this short setup, which offers a 3.0:1 risk-reward ratio. The trade remains purely conditional until the breakdown is verified by volume.
The primary risk here is a sudden sweep of the 1.12 USDT liquidity zone that could invalidate the bearish structure. Are you waiting for a confirmed breakdown of the 1.09 USDT floor or looking to fade a potential push toward the 1.11 USDT resistance?
$BTC
#TradingSetup #XRP
1h · RSI 47 · price 1.09 USDT
Entry: 1.11 USDT
Stop: 1.11 USDT
TP1: 1.09 USDT
TP2: 1.08 USDT
Wait for a 1h close confirmation below 1.09 USDT before considering this short setup, which offers a 3.0:1 risk-reward ratio. The trade remains purely conditional until the breakdown is verified by volume.
The primary risk here is a sudden sweep of the 1.12 USDT liquidity zone that could invalidate the bearish structure. Are you waiting for a confirmed breakdown of the 1.09 USDT floor or looking to fade a potential push toward the 1.11 USDT resistance?
$BTC
#TradingSetup #XRP
