Trade Idea: XRP SHORT

Opened 2026-04-02 12:40:56 · Valid until 2026-04-03 12:40:56 · Triggered 2026-04-02 13:41:01 · Closed 2026-04-02 16:44:02

How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.

SHORT CLOSED RR 1.80 Conf 75% Scalp hours

Entry

1.29000000

Stop

1.31000000

Targets

1.26000000 / 1.24000000 / 1.22000000

Live price

1.44000000

Live ROI

-11.63% vs entry

Idea ID

#10066

Now Entry Stop TP

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Thesis and checks

Current price action and multi-timeframe analysis suggest a short scalp opportunity with a favorable risk-reward ratio.

5m chart: Bearish momentum confirmed by lower highs and lower lows with strong selling volume.
15m chart: Price rejected at resistance near 1.31, indicating supply zone and potential continuation down.
1h chart: Downtrend intact with 24h change at -4.25%, confirming bearish bias.
Stop loss placed just above recent resistance to limit risk.
Targets set near recent support levels close to current price for quick scalp exit.

Trade ideas are educational. Manage risk and position size.