Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Entered.



The rhythm of XRP at this position is on point—under extreme fear, the market has rebounded to an RSI of 78.7, which is a typical signal that the rebound is about to fail. The EMA on the 4-hour chart has clearly aligned into a bearish formation (20 below 50), and now it’s just the last gasp on the short term.

Shorting with 5x leverage at 42, opening position at 2.2577. This point is comfortable, not greedy, not forcing it. Stop loss set at 2.32 (4-hour 50 EMA), if it breaks this line, it means the rhythm has changed, and I will pull out. Take profit at 2.17, just hold on and see how the rebound plays out.

The market is currently testing whether you truly understand when to take action. Moving recklessly in extreme fear leads to quick losses, but once you grasp the rhythm clearly, you need to act decisively. Right now, there’s a floating profit of 0.17U, which is small but comfortable—indicating that my sense of position is accurate.

Continue to observe.
#XRP #做空 #GateAI人机对抗赛 #GatePerps
XRP-1.49%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)