XRP is showing a bearish structure on higher timeframes, but we need price to reclaim the entry zone first!
$XRP - SHORT
Trade Plan:
Entry: $1.1629 – $1.1643
SL: $1.1692
TP1: $1.1594
TP2: $1.1592
TP3: $1.1553
Why this setup?
directional alignment favors the short side with the 4H EMA structure backing the play. We are holding off for a 15M candle close inside the zone before jumping in to secure a proper Risk/Reward balance.
Debate:
Will price reclaim the entry zone for a clean rejection, or push straight through toward stop-loss levels?
Trade $XRP here👇🏻👇🏻👇🏻
#TetherPlans€28.8MForJuventusCapitalIncrease #JobsReportRaisesHikeOdds #CPITestsDecemberRateOutlook
$XRP - SHORT
Trade Plan:
Entry: $1.1629 – $1.1643
SL: $1.1692
TP1: $1.1594
TP2: $1.1592
TP3: $1.1553
Why this setup?
directional alignment favors the short side with the 4H EMA structure backing the play. We are holding off for a 15M candle close inside the zone before jumping in to secure a proper Risk/Reward balance.
Debate:
Will price reclaim the entry zone for a clean rejection, or push straight through toward stop-loss levels?
Trade $XRP here👇🏻👇🏻👇🏻
#TetherPlans€28.8MForJuventusCapitalIncrease #JobsReportRaisesHikeOdds #CPITestsDecemberRateOutlook
