š $XRP
Long Trade Signal š
Entry Zone: 3.115 ā 3.120 USDT
Stop Loss: 3.050 USDT (below strong support zone)
Target Levels:
Target 1: 3.150 USDT ā Immediate resistance
Target 2: 3.200 USDT ā Key swing high
Target 3: 3.250 USDT ā Major resistance / breakout zone
Key Levels to Monitor:
Support: 3.025 ā 3.100 USDT
Resistance: 3.150 ā 3.250 USDT
Psychological Levels: 3.10, 3.15, 3.20
Trade Idea:
XRP is currently consolidating around 3.117 USDT and shows bullish momentum. Entering in the range of 3.115 ā 3.120 offers an attractive risk-to-reward setup. Stop loss placement at 3.050 USDT helps avoid losses if support fails. Targets are set based on prior resistance levels and swing highs.
Risk Management:
Use an appropriate position size relative to account risk.
Consider moving stop loss to breakeven after first target is achieved for risk-free trades.
Trade Summary:
ā Entry: 3.115 ā 3.120
ā Stop Loss: 3.050
ā T1: 3.150
ā T2: 3.200
ā T3: 3.250
