#xrp 🚨 XRP IS FALLING! $1.1771 HAS ALREADY BEEN SWEPT — IS A NEW WAVE OF SELLING FORMING?
XRP plunged from $1.3424 to $1.1771. The bears control the structure, and the current bounce still looks like a correction. The main idea is to wait for a return to the supply zone and look for a SHORT.
🔴 PLAN A — SHORT
POI: $1.2052–1.2154
Potential Entry: $1.2052–1.2154 after M5 confirmation.
SL: Above the actual Sweep High.
TP1: $1.1849
TP2: $1.1771
TP3: Below $1.1771 on a confirmed breakout.
Condition: BSL Sweep → Bearish MSS → Displacement → FVG/IFVG Retest.
🟢 PLAN B — LONG
A return above $1.2154 and a hold above it, with a Bullish MSS on M5, would open the possibility of a move toward $1.2232.
⚠️ INVALIDATION: An H1 close above $1.2232 would weaken the bearish scenario.
BIAS: BEARISH | EXECUTION: WAIT
We don’t sell at the lows or chase price. We wait for a correction into the POI and confirmation.
🎯 Will XRP retest $1.1771, or will buyers take the initiative?
#XRP #XRPUSDT #CryptoTrading #TradingPlan
$XRP
$BNB
$QNT
XRP plunged from $1.3424 to $1.1771. The bears control the structure, and the current bounce still looks like a correction. The main idea is to wait for a return to the supply zone and look for a SHORT.
🔴 PLAN A — SHORT
POI: $1.2052–1.2154
Potential Entry: $1.2052–1.2154 after M5 confirmation.
SL: Above the actual Sweep High.
TP1: $1.1849
TP2: $1.1771
TP3: Below $1.1771 on a confirmed breakout.
Condition: BSL Sweep → Bearish MSS → Displacement → FVG/IFVG Retest.
🟢 PLAN B — LONG
A return above $1.2154 and a hold above it, with a Bullish MSS on M5, would open the possibility of a move toward $1.2232.
⚠️ INVALIDATION: An H1 close above $1.2232 would weaken the bearish scenario.
BIAS: BEARISH | EXECUTION: WAIT
We don’t sell at the lows or chase price. We wait for a correction into the POI and confirmation.
🎯 Will XRP retest $1.1771, or will buyers take the initiative?
#XRP #XRPUSDT #CryptoTrading #TradingPlan
$XRP
$BNB
$QNT
