🔴 $XRP — SHORT

📍 Entry 1.10
🛑 Stop 1.12 (-1.99%)
🎯 TP1 1.09 (+0.79%)

⚖️ R:R 3.0 · continuation

🧠 Lower highs and lower lows are observed across all three timeframes, with price below the declining EMAs. The current price has moved back below the 1h EMA20 after an unsuccessful bounce below 1h:R:1. The stop is placed above this declining high by approximately 1.5 ATR, while TP1 is set ahead of the 1d:S:1 zone with 4 touches (about 2 ATR), with further scaling down to 1d:S:2.

📊 The 1D / 4H / 1H charts are attached.
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