Trading setup for $XRP/USDT based on the current price of 3.5187:
๐น Entry Zone: 3.4800 โ 3.5300
(Enter on slight dips or consolidation near this range)
๐ป Stop Loss: 3.3900
(Placed below key support to limit downside risk)
๐ฏ First Target: 3.6600
๐ฏ Second Target: 3.8200
๐ฏ Final Target: 4.0000
๐ก๏ธ Risk Management:
Risk only 1โ2% of total capital on this trade
Use position sizing based on the SL distance (~0.13โ0.14 range)
Risk-to-reward ratio: Minimum 2:1
Trail stop-loss upward after each target is hit
Secure partial profits at first/second targets to reduce exposure