The WLD strategy outlined earlier has successfully delivered its profit potential. The real finale is often hidden beyond the point of disagreement. $XRP From the daily chart down to the hourly chart, price remains below EMA50 and EMA200, with the moving averages aligned bearishly. This structure cannot be reversed by one or two rebound candles. I’m watching how volume behaves as price rebounds toward the upper edge of the previous consolidation zone—a low-volume pullback that fails to attract buyers is what a genuine bearish move looks like.
Short-term indicators are indeed oversold, so a rebound could come at any time. That makes the entry point more important than the direction. I’ll wait for price to return near the moving-average resistance zone before considering a trade, rather than chasing the decline. Until the structure improves, I favor selling into rallies.
🔴 Trade direction: Short
📍 Entry range: 1.1853 – 1.1885
🛑 Stop loss: 1.2185
🎯 Take profit 1: 1.1632
🎯 Take profit 2: 1.1475
🎯 Take profit 3: 1.1238
Gaze upon the vastness of mountains and seas; observe the market’s subtle movements.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#XRP
Click below to trade 👇
Short-term indicators are indeed oversold, so a rebound could come at any time. That makes the entry point more important than the direction. I’ll wait for price to return near the moving-average resistance zone before considering a trade, rather than chasing the decline. Until the structure improves, I favor selling into rallies.
🔴 Trade direction: Short
📍 Entry range: 1.1853 – 1.1885
🛑 Stop loss: 1.2185
🎯 Take profit 1: 1.1632
🎯 Take profit 2: 1.1475
🎯 Take profit 3: 1.1238
Gaze upon the vastness of mountains and seas; observe the market’s subtle movements.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#XRP
Click below to trade 👇