$XRP
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📉 $XRP XRPUSDT - 10x LEVERAGE SHORT (Overbought Bounce, Crowded Longs) 📉
XRP rallies on dead volume into EMA99 resistance – STOCHRSI at 92.2, 70% longs waiting to be flushed.
Why Short with 10x?
· 🚨 STOCHRSI 92.2 – extremely overbought
· 📊 Volume 77% below MA5 – zero conviction
· 📉 Resistance at EMA99 (1.4032)
· ⚖️ 70.3% long – crowded, ripe for squeeze
· 📅 Downtrend intact (-33% monthly)
Entry: 1.3830 – 1.3850
Stop: 1.4000 (~1.2% away = 12% loss on equity)
Targets (10x Leverage):
TP1: 1.3700 (-1.0% = +10% on equity)
TP2: 1.3600 (-1.7% = +17% on equity)
TP3: 1.3500 (-2.5% = +25% on equity)
Risk/Reward: ~1:2.1
⚠️ LEVERAGE WARNINGS:
· Size tiny – 1.2% move = 12% loss
· Low volume rally = trap – don't chase
· Funding rates – positive = cost to hold short
· Trail stop after TP1 to lock risk-free
70% longs are the fuel. Sell the pop.$ETH
#XRP #Ripple #BNB_Market_Update #Trading #Leverage #10x Short #Crypto