#xrp On the $XRP /USDT M5 chart, the price is around $1.3370. A strong impulsive drop from the $1.38 area is visible, followed by a bounce from the low of $1.3264. A bullish MSS has not yet been confirmed.
### 🔴 Main plan — SHORT after a pullback
POI — area to watch
$1.3498–1.3567
Entry
After an M5 trigger
SL
Beyond the local sweep high
Conditions: return to the POI → sweep of local BSL → bearish MSS → Displacement → FVG/IFVG retest.
TP1: $1.3264
TP2: $1.3103
The $1.3498–1.3567 zone was selected as the nearest area for a possible pullback to the broken structure. The wider POI of $1.3498–1.3667 remains relevant if the correction runs deeper.
🟢 Plan B — LONG
* POI: $1.3264.
* Entry: only after a sweep of SSL, bullish MSS, upward Displacement, and an M5 FVG/IFVG retest.
* SL: beyond the sweep low.
* Targets: $1.3498 → $1.3567.
### Decision for now: WAIT
The price has already bounced from $1.3264, but this is not a confirmed reversal. Do not open a SHORT at the current price solely because of the bearish impulse.
Exact numerical Entry and SL levels cannot yet be determined from this screenshot: a confirmed M5 signal and a specific sweep high or low are required. RR can be calculated once they appear.
$XRP
### 🔴 Main plan — SHORT after a pullback
POI — area to watch
$1.3498–1.3567
Entry
After an M5 trigger
SL
Beyond the local sweep high
Conditions: return to the POI → sweep of local BSL → bearish MSS → Displacement → FVG/IFVG retest.
TP1: $1.3264
TP2: $1.3103
The $1.3498–1.3567 zone was selected as the nearest area for a possible pullback to the broken structure. The wider POI of $1.3498–1.3667 remains relevant if the correction runs deeper.
🟢 Plan B — LONG
* POI: $1.3264.
* Entry: only after a sweep of SSL, bullish MSS, upward Displacement, and an M5 FVG/IFVG retest.
* SL: beyond the sweep low.
* Targets: $1.3498 → $1.3567.
### Decision for now: WAIT
The price has already bounced from $1.3264, but this is not a confirmed reversal. Do not open a SHORT at the current price solely because of the bearish impulse.
Exact numerical Entry and SL levels cannot yet be determined from this screenshot: a confirmed M5 signal and a specific sweep high or low are required. RR can be calculated once they appear.
$XRP