💣🚨$XRP /USDT Technical Analysis🚨💣
📊The XRP/USDT pair is currently consolidating within a range of $1.2775 to $1.5140. The price has been forming lower highs and lower lows, suggesting a bearish trend.
📉Short Trade Setup:
* Entry: Sell at $1.3345 (current price)
* Stop Loss: $1.3700 (above the recent high)
* Target: $1.2500 (bottom of the current range)
📈Long Trade Setup:
* Entry: Buy at $1.2775 (bottom of the current range)🚀
* Stop Loss: $1.2500 (below the recent low)🛑
* Target: $1.3500 (above the recent high)🎯
🎲Risk Management:
* Use a stop-loss order to limit potential losses.
* Consider using a take-profit order to secure profits at predefined levels.
* Manage your position size to control overall risk exposure.
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