🚨 $XRP TRAPPED BELOW $1.00! RSI 35 on 4H – My High-Probability Scalp 🎯
XRP is currently chopping at 0.9994, stuck in a frustrating consolidation zone.
Here is the conflict: The 4H RSI is at 35.20 (entering oversold), but the 15m chart is completely rejected right at the psychological $1.00 resistance and below all short-term Moving Averages (MA99 at 1.0012).
Trading in the middle of this chop is how retail traders lose money. Here is my ONE primary opinion with the highest probability:
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🔥 MY PRIMARY - BEARISH REJECTION SCALP:
The price is trapped, and until we clear 1.0020 with real volume, every pump to 1.0000 is a shorting opportunity. I will short the fakeout.
· Entry: 1.0000 - 1.0010 (Short the psychological rejection).
· Target 1 (TP1): 0.9965 (Retest the 24h low - Take quick profits here!).
· Target 2 (TP2): 0.9845 (Next major major macro support).
· Stop Loss (SL): 1.0050 (Tight SL! If it breaks 1.0020 with volume, this trade is DEAD).
🛡️ MY BULLISH BACKUP PLAN (If the Primary fails):
If a sudden green volume candle pushes XRP above 1.0020, I will cancel my short and chase the breakout.
· Backup Entry: 1.0025 (Wait for the retest after the candle closes above 1.0020).
· Backup Target: 1.0062 (The 24h High).
· Backup Stop Loss: 0.9980 (To escape a bull trap).
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🔥 My Golden Advice: Patience is key. Don't FOMO into 0.9994. Place your limit orders at the edges of the range, not in the middle!
If this setup protects your capital from choppy markets, hit that TIP button ⭐ and smash the LIKE! Your support keeps me making these free daily setups! 🚀
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#XRP #XRPUSDT #ScalpSetup #BinanceSquare
XRP is currently chopping at 0.9994, stuck in a frustrating consolidation zone.
Here is the conflict: The 4H RSI is at 35.20 (entering oversold), but the 15m chart is completely rejected right at the psychological $1.00 resistance and below all short-term Moving Averages (MA99 at 1.0012).
Trading in the middle of this chop is how retail traders lose money. Here is my ONE primary opinion with the highest probability:
---
🔥 MY PRIMARY - BEARISH REJECTION SCALP:
The price is trapped, and until we clear 1.0020 with real volume, every pump to 1.0000 is a shorting opportunity. I will short the fakeout.
· Entry: 1.0000 - 1.0010 (Short the psychological rejection).
· Target 1 (TP1): 0.9965 (Retest the 24h low - Take quick profits here!).
· Target 2 (TP2): 0.9845 (Next major major macro support).
· Stop Loss (SL): 1.0050 (Tight SL! If it breaks 1.0020 with volume, this trade is DEAD).
🛡️ MY BULLISH BACKUP PLAN (If the Primary fails):
If a sudden green volume candle pushes XRP above 1.0020, I will cancel my short and chase the breakout.
· Backup Entry: 1.0025 (Wait for the retest after the candle closes above 1.0020).
· Backup Target: 1.0062 (The 24h High).
· Backup Stop Loss: 0.9980 (To escape a bull trap).
---
🔥 My Golden Advice: Patience is key. Don't FOMO into 0.9994. Place your limit orders at the edges of the range, not in the middle!
If this setup protects your capital from choppy markets, hit that TIP button ⭐ and smash the LIKE! Your support keeps me making these free daily setups! 🚀
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#XRP #XRPUSDT #ScalpSetup #BinanceSquare
🟢Shorting the1.0010 rejection
🔴Breakout above 1.0020!
14 hr(s) left