$XRP /USDT Trade Setup
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1. Coin Name:
/USDT
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2. 24-Hour Change:
−1.19%
- Current Price: 2.34
- 24h High: 2.3960
- 24h Low: 2.2677
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3. Targets:
- *TP1*: 2.3500 – Close to MA(7) at 2.3363 providing a quick target with some resistance near the current price.
- *TP2*: *2.3677* – The next resistance level with a slight potential upside.
- *TP3*: *2.3960* – The *24h High*, perfect for higher-risk, higher-reward targets.
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*4. Entry Time*:
- *Long Entry*: Around *2.34*, near *MA(7)* at *2.3363*. Look for price action confirmation, such as a bounce off this level or a break above it.
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*5. Stop Loss*:
- *Stop Loss*: Place stop loss just below *MA(25)* at *2.3157* to protect against downside risk, ensuring you minimize potential losses.
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*6. Take Profit*:
- *Take Profit (TP1)*: *2.3500* – Close to *MA(7)* at *2.3363*. A quick, conservative target.
- *Take Profit (TP2)*: *2.3677* – A slightly higher target with strong resistance.
- *Take Profit (TP3)*: *2.3960* – The *24h High*, ideal for higher profit if price reaches the peak.
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*7. Maximum Profit*:
- *Maximum Profit*: Up to *2-3%* if the price reaches 2.3960.
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Summary:#VirtualWhaleInsights
