$XRP Today's Pro Futures Trading Plan: XRP/USDT - May 16, 2025
• Trade Direction: Short
• Justification: Price is below MA(20) (2.5090) and MA(200) (2.2287), indicating bearish momentum. Recent rejection near 24h High (2.5041) reinforces resistance.
• Entry Zone: 2.4100–2.4300
• Confluence: Retest of breakdown below MA(20) or failed rally into resistance.
• Stop-Loss: 2.4500
• Invalidation: A close above MA(20) (2.5090) would negate the bearish structure.
• Risk/Reward Ratio: 1:3 Risk: 0.04 USDT per XRP; Reward: 0.12 USDT (to Target 1).
• Profit Targets:
• Target 1: 2.3500 (24h Low support).
• Target 2: 2.2300 (MA(200) and psychological level).
• Target 3: 2.1300 (next swing low).
• Exit Strategy: Trail stop below MA(20) after Target 1. Move to breakeven at Target 2.
• Strategy Explanation: Bearish trend alignment with lower highs/lows, confirmed by volume decline (57M vs. MA(20) 151M).
• Volume Profile: Weak bids near 2.4100; high liquidation zone at 2.3500.
• Leverage Note: Moderate (5x–10x) due to elevated volatility.
• Market Sentiment: Neutral-bearish; 24h Vol(USDT) down 2.44B suggests fading momentum.
• Invalidation/Caution: Close above 2.4500 invalidates setup; monitor for bullish divergence.
• Alternative Scenario: If price holds 2.3500, consider long scalps with tight stops.
Risk Disclosure: Always size positions ≤2% capital per trade.