$XRP | Potential 2.9R downside opportunity. The higher-timeframe trend favors bears, but buyer dominance creates a squeeze risk.
SHORT SCALPING SETUP
Timeframe: 15M entry, 4H trend confirmation
Entry Zone: 1.2457–1.2497
Stop Loss: 1.2611
TP1: 1.2347
TP2: 1.2233
TP3: 1.2087
Bearish Confluence:
4H: LH/LL structure.
Daily: LH/LL structure.
RSI 4H: 36.5.
Volume: 2.49× average.
Long/Short Ratio: 2.61.
Important: Taker buyers remain dominant. Wait for rejection or selling confirmation.
Invalidation: Close above 1.2611.
Click $XRP to check the trade levels. Patience beats chasing.
Not financial advice. Always DYOR.
SHORT SCALPING SETUP
Timeframe: 15M entry, 4H trend confirmation
Entry Zone: 1.2457–1.2497
Stop Loss: 1.2611
TP1: 1.2347
TP2: 1.2233
TP3: 1.2087
Bearish Confluence:
4H: LH/LL structure.
Daily: LH/LL structure.
RSI 4H: 36.5.
Volume: 2.49× average.
Long/Short Ratio: 2.61.
Important: Taker buyers remain dominant. Wait for rejection or selling confirmation.
Invalidation: Close above 1.2611.
Click $XRP to check the trade levels. Patience beats chasing.
Not financial advice. Always DYOR.