$XRP is showing fake strength — the kind that traps late buyers right before the drop.
$XRP - SHORT
Trade Plan:
Entry: 1.393 – 1.402
SL: 1.424
TP1: 1.371
TP2: 1.362
TP3: 1.345
Why this setup?
4h setup is clean because the invalidation is obvious and the entry is tight.
With the 1D trend is bearish, reinforcing the bias, the trade only needs one thing: confirmation inside (1.393-1.402).
Confirm it and TP1 at 1.371 is the first objective; extension is a bonus. Lower TF RSI shows no extreme oversold, leaving room for the move to develop.
Acceptance beyond 1.498 cancels the play.
Debate:
Do we lose the zone and slide to 1.371, or do we reclaim above 1.498 and force a reset higher?
Trade here 👇 and comment your bias!