$XRP short, price sitting at 1.04 resistance on the 4H.
1.04 caps it, 1.02 and 1.01 are next.
1.05 gets reclaimed, I'm out.
Sellers need to lean on it here. A clean hold and I stay interested.
• 4H at 1.04, below the EMA50 at 1.12, sellers still have the trend
• Daily below the EMA200 at 1.32, higher frame agrees
• 1.4% to the stop, 2.3% to TP3, about 1.6R if it gets there
🔴 SHORT
Entry: 1.034–1.036
TP: 1.026 / 1.020 / 1.011
SL: 1.050
nfa · dyor
1.04 caps it, 1.02 and 1.01 are next.
1.05 gets reclaimed, I'm out.
Sellers need to lean on it here. A clean hold and I stay interested.
• 4H at 1.04, below the EMA50 at 1.12, sellers still have the trend
• Daily below the EMA200 at 1.32, higher frame agrees
• 1.4% to the stop, 2.3% to TP3, about 1.6R if it gets there
🔴 SHORT
Entry: 1.034–1.036
TP: 1.026 / 1.020 / 1.011
SL: 1.050
nfa · dyor
