How to Convert $40 into $120 with $VANA /USDT
Bullish Trading Strategy
1. Current Price: $18.08 (-8.23%)
2. Entry Point:
Enter near $18.00 if the price shows signs of a reversal.
3. Target:
Short-Term Target: $19.00
Mid-Term Target: $20.00
4. Stop-Loss:
Set a stop loss below $17.50 to limit risk.
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Longing Strategy (For Futures Trading)
1. Leverage:
Utilize 3x leverage to amplify returns on the bullish move.
2. Entry Point:
Enter a long position near $18.00 if the support holds.
3. Targets:
Short-Term Target: $19.00
Mid-Term Target: $20.00
4. Stop-Loss:
Place your stop loss around $17.50 to manage risk.
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Risk Management
Allocate $30 for spot trading and $10 for futures trading. Adjust stop-loss levels based on market movement.
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Disclaimer:
Always perform due diligence and manage your risk effectively when trading.
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With this strategy, $40 can potentially turn into $120 using VANA/USDT!