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Buy trade signal on
Trading settings: We are eagerly waiting for a pullback to the support area of 2.2569 to enter a buy trade, targeting previous resistance levels for a strong upward trend.
Entry point: 2.2629
Stop loss: 2.2516
Take profit: 2.2932
Margin: 2-3% of the portfolio.
Leverage: 10 times
Short-term market outlook:
The price of Ripple is retracing to test the previous demand area around 2.2569. If this level holds, we expect the upward momentum to continue towards the resistance level of 2.2932, in line with the prevailing uptrend structure.