XRP is range-bound and the short setup is thin.

🔮 SHORT $XRP /USDT: expecting price to go DOWN
Bias: SHORT · Leaning

Entry: 1.3894 – 1.3920
TP1: 1.3680 (-1.6%)
TP2: 1.3529 (-2.7%)
TP3: 1.3302 (-4.4%)
SL: 1.4209 (+2.2%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.

Why SHORT? Leaning call, 4/12 signals agree, 0 against, 8 undecided.
‱ 4h trend: price < EMA50 < EMA200, bearish stack → the swing trend is down
‱ 1h trend: price < EMA50 < EMA200, bearish stack → the short-term trend is down
‱ BTC backdrop: BTC trend is bearish and correlation is 0.80 → BTC is falling and this coin tends to follow

Plan A:
If price breaks below entry, the 4h bearish stack (EMA50 below EMA200) suggests a move toward 1.3680.

Plan B (invalidation):
If the daily range holds and price pushes above the stop, the setup fails and I would exit at the invalidation level.

What level are you watching on XRP to disagree with this short?

Chart with every level below.

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