$XRP /USDT
✅ Trade Type: Long (Buy)
(Assuming market is dipping near support, looking for bounce)
📍 Entry Point (EP)
EP: 2.330 – 2.333 USDT
Enter near this support zone if price shows consolidation or a bounce with volume.
🎯 Take Profit Levels (TP)
TP1: 2.345
(Minor resistance zone)
TP2: 2.360
(Previous intraday high or moving average zone)
TP3: 2.385
(Stronger resistance or upper Bollinger Band area)
🛑 Stop Loss (SL)
SL: 2.315
(Below recent candle wick or consolidation base — approx. 0.8% risk)
⚖️ Risk Management
Risk-Reward Ratio: Aim for 1:2 minimum
Capital Allocation: Risk 1–2% of your trading capital
Example:
Risk = $20 (from $1000 capital)
Entry = 2.333, SL = 2.315 → Risk = $0.018
Position Size = $20 ÷ 0.018 = ~1111 XRP
🧠 Tips for Scalping XRP
Watch volume spikes and RSI/MACD crossover on lower timeframes (1m or 5m)
Set alerts around 2.345 and 2.385 — these could reverse sharply
Use tight SLs and trailing stops for fast moves