Based on the given analysis and trade setup, here’s how a trade can be structured for a trader:

Trade Execution for $XRP (Ripple)

Trade Type: Long (Buy)

Entry Price: 2.2315

Take Profit (TP): 2.3286

Stop Loss (SL): 2.0868

Risk-Reward Ratio (RRR): ~ 1.34 (Calculated as (TP - Entry) / (Entry - SL))

Trade Justification:

The medium-long-term trend is horizontal, suggesting continued movement within the range.

A head and shoulders breakdown indicates downside pressure, but since support exists at 0.65 and resistance at 2.76, a potential short-term rebound is possible.

The risk is controlled with a well-placed stop loss below the support zone.

Trade Management:

Monitor price action near entry—If price consolidates near entry, it may confirm strength before moving higher.

If price nears TP, consider trailing stop to lock in profits while riding potential further gains.

If price nears SL quickly, reassess the market conditions for any fundamental changes before holding the position.

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