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1H Trade Setup — $XRP
Bias: Bullish / Long
* Entry Zone: $1.14
* Stop Loss: $1.09
Take-Profit Targets:
* TP1: $1.19
* TP2: $1.24
* TP3: $1.31
Risk-to-Reward: Approximately 1:1.0 to TP1, 1:2.0 to TP2, and 1:3.4 to TP3.
Setup Rationale:
XRP is showing signs of bullish continuation on the 1-hour timeframe, with buyers defending higher lows and momentum building above short-term support. The $1.14 zone offers a favorable retest entry after the breakout, while increasing volume and sustained structure suggest potential for another leg higher toward key resistance levels.
Trade management: Consider securing partial profits at TP1 and moving the stop loss to breakeven once price establishes above the first target.#MyGateTradeStory #USIranTalksPostponed