📌 Trading Plan (Scalping / Day Trading) for currency $XRP
🔹 Entry Zone:
Buy between 2.80 – 2.83 USDT.
(This is a strong support area; if the price touches it, it will be an excellent opportunity).
🔹 Stop Loss:
Below 2.77 USDT.
(Breaking this level means that the support has broken, and it may continue to drop to 2.65).
🔹 Take Profit Targets:
First Target (TP1): 2.88 USDT
(Very short resistance – reduce part of the amount here).
Second Target (TP2): 2.96 USDT
(Strong EMA25 resistance – it's better to sell half of the position here).
Third Target (TP3): 3.10 – 3.15 USDT
(Large resistance + previous upper limit of the trend).
🔹 Risk Management:
Distribute the sales across the targets (not all the amount at once).
If the price reaches the first target, move the stop loss to the entry point (2.80 – 2.83) → this way, the trade will be risk-free.
The risk-to-reward ratio (R/R) is excellent: lose 0.05 – 0.06 $ against a potential gain of up to 0.30 $.
✅ Summary:
Enter at 2.80 – 2.83.
Stop loss at 2.77.
Targets: 2.88 – 2.96 – 3.10+.