$XRP 1H — SHORT 🔻 plan
1) Structure: head & shoulders forming (bearish), higher timeframes agree, phase: markdown (downtrend) phase.
2) Liquidity: right now ~$15.87M of long stops/liquidations sit near 1.241 (target pool) — once price trades below 1.241, that pool is gone.
3) Risk: if 1.280 is reclaimed, the plan is off.
📍 Entry: 1.252 – 1.257
🎯 Target 1: 1.247
🎯 Target 2: 1.242
🛑 Stop-loss: 1.280
DYOR. #xrp
1) Structure: head & shoulders forming (bearish), higher timeframes agree, phase: markdown (downtrend) phase.
2) Liquidity: right now ~$15.87M of long stops/liquidations sit near 1.241 (target pool) — once price trades below 1.241, that pool is gone.
3) Risk: if 1.280 is reclaimed, the plan is off.
📍 Entry: 1.252 – 1.257
🎯 Target 1: 1.247
🎯 Target 2: 1.242
🛑 Stop-loss: 1.280
DYOR. #xrp
