The WLD strategy we discussed earlier has already brought in solid gains this time. Those of you who followed along timed it well, right? Before a breakout, I’d rather first identify where the traps are. $XRP Right now, the moving averages across multiple timeframes are all aligned bearishly, and the price has remained below them. In this kind of market, a rebound may look lively, but most of the time it’s just making room for bears. Don’t let short-term oversold conditions spook you—oversold doesn’t mean the bottom is in; it just means the drop has been sharp.
What I’m watching is whether volume picks up when the price rebounds into the area where the moving averages act as resistance. If it doesn’t, that’s another opportunity to open short positions at higher levels. Until the structure turns, it’s easier to think in the direction of the trend.
🔴 Trade direction: Short
📍 Entry range: 1.1849 – 1.1881
🛑 Stop loss: 1.2181
🎯 Take profit 1: 1.1628
🎯 Take profit 2: 1.1471
🎯 Take profit 3: 1.1234
There’s no need to chase the wind—the wind will come to rest in its own time.
Stand alongside Sister Li, and let every moment leave an echo.
#XRP
Click below to trade 👇
What I’m watching is whether volume picks up when the price rebounds into the area where the moving averages act as resistance. If it doesn’t, that’s another opportunity to open short positions at higher levels. Until the structure turns, it’s easier to think in the direction of the trend.
🔴 Trade direction: Short
📍 Entry range: 1.1849 – 1.1881
🛑 Stop loss: 1.2181
🎯 Take profit 1: 1.1628
🎯 Take profit 2: 1.1471
🎯 Take profit 3: 1.1234
There’s no need to chase the wind—the wind will come to rest in its own time.
Stand alongside Sister Li, and let every moment leave an echo.
#XRP
Click below to trade 👇