Trade Idea: XRP SHORT

Opened 2026-04-09 18:10:53 · Valid until 2026-04-10 18:10:53

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 PENDING RR 1.80 Conf 75% Scalp hours

Entry

1.35000000

Stop

1.36500000

Targets

1.33500000 / 1.32500000 / 1.31500000

Live price

1.36000000

Live ROI

-0.74% vs entry

Idea ID

#10354

Now Entry Stop TP

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Thesis and checks

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

5m chart: Bearish engulfing candle near resistance at $1.35 indicates short-term selling pressure.
15m chart: RSI divergence showing weakening momentum supports a short bias.
1h chart: Price rejected at 50 EMA, confirming resistance zone near current price.
Stop loss placed just above recent resistance to limit risk.
Targets set near recent support levels to capture quick downside move within hours.

Trade ideas are educational. Manage risk and position size.