Long short $XAU gold will have a short recovery Entry: 5,160 – 5,175 • Stop Loss (SL): Below strong low nearby / low demand zone → 5,150 – 5,153 (low red zone ~5,151–5,153, or conservative 5,122–5,130 to avoid deep wick, below blue ~5,122). Risk ~0.4–0.8% from average entry (very low because gold volatility is lower than alt). • Take Profit (TP): • TP1: 5,200 – 5,210 (near resistance zone, fib extension or old high, ~0.6–0.8% quick profit). • TP2: 5,234 – 5,240 (high gray/red zone ~5,234, target Weak High or gray box, ~1.2–1.4%). • TP3 (stretch): 5,260 – 5,280 (old Weak High + high EMA / next target, if strong breakout ~1.8–2.2%+).
$XRP 15m Short Entry: 1.3254 Stop Loss: 1.3293 TP1: 1.3241 TP2: 1.3207. #XRP It's time to hunt Shorts!
📉 The price of #XRP is under selling pressure across multiple timeframes, from short-term to medium-term. The RSI on the 1h and 4h charts are both indicating oversold conditions, but the selling pressure shows no signs of stopping.
🔥 The 5m chart is experiencing the most volatility, suitable for quick scalping. Market sentiment leans towards the Long side, but...
😨 The negative funding rate indicates that Long positions are paying Short positions to maintain their stance. Who is chasing the top, and who is holding losses?
⚠️ With the current price volatility, prioritize Shorts with moderate leverage, taking short-term profits at the nearest support levels. Don't be too greedy!