Trade Idea: XRP SHORT

Opened 2026-05-01 02:00:37 · Valid until 2026-05-02 02:00:37 · Closed 2026-05-01 03:24:02

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 PENDING RR 1.60 Conf 75% Scalp 15-30 minutes

Entry

1.37000000

Stop

1.37500000

Targets

1.36200000 / 1.35800000 / 1.35300000

Live price

1.11000000

Live ROI

18.98% vs entry

Idea ID

#11106

Now Entry Stop TP

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Thesis and checks

Immediate short scalp opportunity on XRP due to bearish momentum and chart structure on lower timeframes.

Confluence 1: 1m and 5m charts show lower highs and lower lows indicating short-term downtrend continuation.
Confluence 2: Price rejected recent resistance near 1.375 with a bearish engulfing candle on 5m chart.
Stop set just above recent resistance to limit risk.
Targets set at recent minor support levels close to current price for quick execution and good risk-reward ratio.

Trade ideas are educational. Manage risk and position size.