$TRX /USDT trading chart you've shared (15-minute time frame on Binance), here's a scalping trade plan with entry point (EP), take profits (TPs), stop loss (SL), and risk management:
📌 Trade Plan (Scalping - Long Position)
Entry Point (EP): 0.2768 (current price)
Take Profit Targets:
TP1: 0.2782 (near recent high)
TP2: 0.2790 (next resistance zone)
TP3: 0.2800 (psychological resistance & minor breakout)
Stop Loss (SL): 0.2745
(Just below recent support level and 25-MA support)
💰 Risk Management Plan
Let's assume your trading capital is $1000, and you want to risk only 1.5% per trade:
Max Risk: $1000 × 0.015 = $15
Stop Loss Distance: 0.2768 - 0.2745 = 0.0023
Position Size: 15 / 0.0023 ≈ 6521 TRX
Required Capital: 6521 × 0.2768 ≈ $1806.6
(You may need leverage to afford this size)
🧠 Tips for Scalping This Setup
Volume looks healthy, with buying interest near EP.
7-MA and 25-MA both trending up.
Set TP1 as quick exit in case market reverses.
Trail your SL upward if price approaches TP2.
