🔴 $XRP /USDT · Bias: SHORT
XRP price below bearish EMA stacks on daily and 4h timeframes should keep falling.

Entry: 1.0486 – 1.0530
TP1: 1.0091 (-4.0%)
TP2: 0.9814 (-6.6%)
TP3: 0.9397 (-10.6%)
SL: 1.1063 (+5.3%)

Why: The daily trend shows price below EMA50 under EMA200, a bearish stack meaning the big-picture trend is down.
Risk: Price is washed out, bounces are common from here (4h RSI 22.9, oversold)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.

Do you agree this short setup has more to lose than gain?


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