Post
I already know traders are going to get trapped on this $XRP bounce.
$XRP - SHORT
Trade Plan:
Entry: 1.36967 – 1.37473
SL: 1.38737
TP1: 1.35703
TP2: 1.35198
TP3: 1.34187
Why this setup?
4h structure is screaming SHORT, backed by a bearish 1D backdrop. The real play is the reaction around 1.36967 – 1.37473 (mid 1.37220), not the bounce. RSI 15m at 41 still aligns with downside — momentum is neutral enough for downside to keep building. 15m volume is only 1.31M versus a 2.67M quarter-hour 1H baseline (0.49x), so sellers still need cleaner follow-through.
Debate:
You can fight the chart if you want. I’ll take the other side.
#FedMeetsNVIDIAMay20
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