$CGPT
**** Newbie Tips for Learning futures $1 ****

Key Levels
• Resistance: $0.2700 (recent high)
• Support: $0.2550 (recent low)

******* Trade Setup ********

Long Position:
• Entry: Consider entering near the support level of $0.2550 if the price shows signs of bouncing.
• Stop-Loss: Set below the recent low, around $0.2500, to manage risk.
• Take Profit: Target the resistance at $0.2700.

Short Position:
• Entry: If the price fails to break above $0.2700 and shows bearish signals, consider entering a short position near this resistance.
• Stop-Loss: Set above the recent high, around $0.2750.
• Take Profit: Aim for the support level at $0.2550.

** Risk Management:
• Leverage: IF with 30x leverage, a 3.33% adverse price movement can lead to liquidation.
• Position Size: Your $1 capital with 30x leverage equates to a $30 position.
• Risk Per Trade: Limit risk to 50% of your capital ($0.50).

Execution Tips
• Limit Orders: Use limit orders to enter positions at desired levels.

#ChristmasTradeAnalysis #CGPTUSDT