You are ready to invest 50 USDT in XRP/USDT in the Binance Spot market. I will give you the ideal parameters for a tactical investment, based on risk management and short-term technical projection:
✅ Strategy: Spot investment with Risk Control
Available capital: 50 USDT (According to your availability)
Trading pair: XRP/USDT
Current price: ≈ 2.1658 USDT per XRP
Estimated amount: ≈ 23 XRP
🔧 Suggested parameters for "Limit + TP/SL" order:
Entry price (Limit Order): 2.1650 ( Check price)
(slightly below the current price for better execution if the price retreats)
Purchase amount: 23 XRP
(this maximizes your capital without exceeding 50 USDT)
Take Profit (TP - profit target): 2.28 USDT
(≈ 5.3% profit)
Stop Loss (SL - protection against drop): 2.11 USDT
(≈ 2.5% maximum loss tolerated)
SL Mode: Market SL
(to ensure immediate exit in case of drop)
📊 Risk management
Risk per trade: ~2.5% (1.15 USDT)
Potential profit: ~2.62 USDT
Risk/Reward ratio: Approximately 1:2.2 ✅ (very good)
🎯 Target of this operation
Goal: Disciplined short-term scalping (1-3 days)
Review: If the price moves favorably quickly, you can raise your SL to the entry point to secure capital
📌 Additional recommendation:
Once the purchase is executed, check every 4-6 hours. If there is a strong green candle, adjust the SL towards your entry to protect profits.