XRP/USDT Full Trade Plan.
$XRP

Recent High: 1.3220 (clear rejection point)

Structure Body: Strong impulsive move up from 1.2562

Current Price: 1.3131 (sitting below the recent high after rejection)

Structure Status: Still valid as long as price stays below 1.3220

Invalidation: 1h or 15m close above 1.3220 with expanding volume → structure fails and bias flips bullish

2. Trade Bias
Primary bias: Short / Sell from the rejection zone
Secondary bias: Long only on clean breakout above the recent high

3. Short Trade Plan (Main Setup)
Entry Options (choose one based on your style):
Style
Entry Trigger
Entry Zone
Aggressive
Rejection from 1.3160–1.3190 with upper wick
1.3150–1.3185
Confirmation
15m close below 1.3100
1.3080–1.3110
Breakdown
15m close below 1.3050 with volume
1.3020–1.3050
Stop-Loss:
Aggressive entry → Stop above 1.3235
Confirmation / Breakdown → Stop above 1.3190–1.3210

Take-Profit Targets:
TP1: 1.3050 – 1.3080 (partial scale out 40–50%)
TP2: 1.2950 – 1.2980 (main target, scale out another 30–40%)
TP3: 1.2800 – 1.2850 (runner / final target)
Risk : Reward:
Aggressive entry → approx. 1 : 2.5 to 1 : 3.5
Confirmation entry → approx. 1 : 2.0 to 1 : 3.0

Position Management:

Risk only 0.5–1% of account per trade
Move stop to breakeven after TP1 is hit
Trail remaining position under lower highs if momentum continues down
4. Long Trade Plan (Only if Structure Breaks)

Entry Trigger:

Strong 15m or 1h candle close above 1.3220
Preferably with volume expansion
Entry Zone:
Breakout: 1.3225 – 1.3260
Or retest of 1.3180 – 1.3220 after breakout
Stop-Loss:
Below 1.3080 (or tighter below 1.3120 if aggressive)
Take-Profit Targets:
TP1: 1.3350 – 1.3380
TP2: 1.3500 – 1.3550
TP3: 1.3700+

5. Key Levels to Watch

Resistance: 1.3220 (recent high) → 1.3300
Pivot / Decision zone: 1.3100 – 1.3145
Support: 1.3050 → 1.2950 → 1.2800.

6. Invalidation Rules.

Short thesis dies if price closes above 1.3220
Long thesis dies if price closes back below 1.3080 after a breakout