🔴 $XRP /USDT · Bias: SHORT
XRP is trading below all major EMAs, so price should move down.

Entry: 1.1746 – 1.1776
TP1: 1.1534 (-1.9%)
TP2: 1.1382 (-3.2%)
TP3: 1.1155 (-5.2%)
SL: 1.2064 (+2.6%)

Why: The daily trend shows price below EMA50 and EMA200 in a bearish stack, meaning the big-picture trend is down.
Risk: Far below its average, bounce likely (−5.2 ATR from 1h EMA50)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.

Do you agree with this short setup?


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