How to Convert $50 into $85 with $1000CAT /USDT
Bearish Trading Strategy
1. Current Price: $0.03548 (-0.89%)
2. Entry Point:
Wait for a pullback to $0.036. If resistance holds, consider shorting.
3. Target:
Short-Term Target: $0.034
Mid-Term Target: $0.032
4. Stop-Loss:
Set a stop loss above $0.037 to limit risk.
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Shorting Strategy (For Futures Trading)
1. Leverage:
Utilize 3x leverage for amplified returns on the bearish move.
2. Entry Point:
Enter a short position near $0.036 if resistance holds.
3. Targets:
Short-Term Target: $0.034
Mid-Term Target: $0.032
4. Stop-Loss:
Place your stop loss at $0.038 to safeguard your position.
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Risk Management
Allocate $30 for spot trading and $20 for futures.
Monitor market movement closely and adjust stop-loss levels accordingly.
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Disclaimer:
Trading involves risk. Always conduct thorough research and apply proper risk management techniques.
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Use this strategy to aim for a $50 to $85 profit with 1000CAT/USDT!