Goal: Small, consistent profits (0.5–1.5%)

Timeframe: 1-minute (M1), 5-minute (M5), or 15-minute (M15)

Approach: Trend-following with strong confirmation and quick exit

Core Scalping Plan for XRP (Current Price: ~$3.13)

1. Identify Favorable Zone

Support: $3.10 – strong base (safe re-entry zone)

Resistance: $3.15 – short-term breakout target

Only scalp within or just above $3.10, when price bounces with strength.

2. Setup Conditions

Before entering a long (buy) scalp:

✅ Price holding above $3.10

✅ Volume spike or green candle closing above previous high

✅ RSI (on 5-min) crossing 50 upward

✅ No major news or sudden volatility spikes

3. Entry Strategy (Buy)

Buy when:

XRP retests $3.10 and bounces (with a green candle)

Or breaks above $3.13 with a surge in volume

4. Take-Profit + Stop-Loss

🎯 TP (Take Profit): +0.5% to +1.0% (e.g., $3.13 ➜ $3.145 or $3.16)

🛑 SL (Stop Loss): -0.3% to -0.5% (e.g., $3.13 ➜ $3.11–$3.108)

Keep risk-reward close to 1:2

5. Exit Quickly

Exit partial or full when:

TP hit ✅

Momentum slows ✅

Candle wicks start rejecting levels ❌

Extra Safety Tips

Trade only during high liquidity hours (e.g., 13:00–17:00 UTC)

Avoid FOMO candles (giant candles with no base)

Use a tight stop and honor it. Don’t widen it.

3–4 quality trades per session max — don’t overtrade

Optional Tools

Indicators: VWAP, RSI (5 or 14), Bollinger Bands (to spot squeeze)

Sentiment check: Binance order book + Twitter/X trends (if needed)

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