Entry Zone (Short Entry)
**$2.148–$2.153** — XRP recently bounced to this level on the 15‑minute chart, but the pullback looks corrective, not a strong rebound. If price stalls or reverses in this zone, it could signal the early stages of a downtrend .
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🛑 Stop-Loss
Place above $2.165 — A clean 15‑minute candle close above this invalidates the short idea .
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🎯 Take-Profit Levels
TP1: $2.133 — the first support on the 15‑min timeframe .
TP2: $2.125 — a deeper move into support, suitable for larger targets .
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🔄 R‑R & Risk Management
Parameter Value
Entry $2.15 (mid‑zone)
Stop Loss $2.165 (+$0.015 risk)
TP1 $2.133 (≈$0.017 reward)
TP2 $2.125 (≈$0.025 reward)
Risk‑Reward 1 ≈ 1.1:1 for TP1
Risk‑Reward 2 ≈ 1.7:1 for TP2
Consider scaling out: close partial at TP1, move SL to breakeven, let the rest go toward TP2.
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✅ Confirmation Filters
1. No breakout above $2.16: a failed bounce reinforces bearish bias .
2. Momentum indicators: use a short‑period MACD crossover or RSI moving down from mid/high zone (e.g. crossing below 50) to confirm entry .
3. Volume helps: higher selling volume when price drops below entry supports the trend continuation.
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⚙️ Summary
Short Entry: $2.148–$2.153
Stop‑Loss: > $2.165
TP Targets:
TP1 = $2.133
TP2 = $2.125
R‑R: 1.1:1 at TP1, 1.7:1 at TP2
Use MACD/RSI + price rejection confirmation
Scale out and trail stop-loss after TP1
