Trade Idea: XRP SHORT

Opened 2025-10-10 15:35:42 · Valid until 2025-10-11 15:35:42 · Closed 2025-10-10 20:59:01 · Triggered 2025-10-10 19:22:01

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 2.00 Conf 75% Scalp hours

Entry 2.70000000

Stop 2.75000000

TP 2.65000000 / 2.60000000 / 2.55000000

Live 2.40000000

ROI 11.11% (vs entry)

Thesis and checks

The current market sentiment for XRP shows a bearish trend, making a short scalp trade a viable option.

5m Chart: A bearish engulfing pattern has formed, indicating potential downward momentum.
15m Chart: The RSI is showing overbought conditions, suggesting a reversal may occur soon.

Trade ideas are educational. Manage risk and position size.