How to Convert $20 into $80 with $ERN /USDT
Bearish Trading Strategy
1. Current Price: $2.715 (-11.42%)
2. Entry Point:
Enter near $2.700 if the price continues its bearish momentum.
3. Target:
Short-Term Target: $2.450
Mid-Term Target: $2.200
4. Stop-Loss:
Set a stop loss above $2.750 to limit potential losses.
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Shorting Strategy (For Futures Trading)
1. Leverage:
Use 4x leverage to amplify potential profits on the bearish trend.
2. Entry Point:
Enter a short position near $2.700 if resistance holds and the price declines.
3. Targets:
Short-Term Target: $2.450
Mid-Term Target: $2.200
4. Stop-Loss:
Place your stop loss around $2.750 to limit risk.
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Risk Management
Allocate $15 for spot trading and $5 for futures trading. Adjust stop-loss levels based on market trends and volatility.
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Disclaimer:
Always perform your research and manage risk effectively when trading.
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This strategy can turn $20 into $80 with ERN/USDT!