Everyone’s staring at 1.34, but the real trap is the 1.39 ceiling nobody wants to short.
$XRP /USDT - 🟢 SHORT · Conf 76%
Trade Plan:
Entry: 1.3411 – 1.3453
SL: 1.3967
TP1: 1.3031
TP2: 1.2764
TP3: 1.2363
Why this setup?
- RSI on the 15m is already at 38.4, meaning momentum is bleeding out before price even breaks lower.
- The 4h structure is trending down, and this 1.3432 entry sits right under a heavy rejection zone.
- TP1 at 1.3031 is a 3% drop; TP2 at 1.2764 is where the last range low got swept.
- Why now? The 1D is range-bound, so this is a pure trend play off the 4h—not a guess.
- The invalidation at 1.3956 is tight enough to keep risk small, but the SL at 1.3967 says respect the level or get run over.
Debate:
Do you fade this 1.34 bounce into the close, or are you waiting for a retest of 1.36 to add size?
Click here to view the chart 👇️
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
$XRP /USDT - 🟢 SHORT · Conf 76%
Trade Plan:
Entry: 1.3411 – 1.3453
SL: 1.3967
TP1: 1.3031
TP2: 1.2764
TP3: 1.2363
Why this setup?
- RSI on the 15m is already at 38.4, meaning momentum is bleeding out before price even breaks lower.
- The 4h structure is trending down, and this 1.3432 entry sits right under a heavy rejection zone.
- TP1 at 1.3031 is a 3% drop; TP2 at 1.2764 is where the last range low got swept.
- Why now? The 1D is range-bound, so this is a pure trend play off the 4h—not a guess.
- The invalidation at 1.3956 is tight enough to keep risk small, but the SL at 1.3967 says respect the level or get run over.
Debate:
Do you fade this 1.34 bounce into the close, or are you waiting for a retest of 1.36 to add size?
Click here to view the chart 👇️
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
