ETHFI/USDT Futures
Buy Zone: $2.38 - $2.33
Targets: $2.40, $2.42, $2.45, $2.48, $2.52
Stop Loss: $2.26
Reasons:
Potential for Quick Gains: The closely set target prices allow for potentially faster profits if the price moves favorably.
Risk Management: The stop loss, placed at a reasonable distance from the buy zone, aims to balance risk and potential reward.
Market Sentiment: Positive news or developments surrounding Ethereum-related projects or DeFi could potentially drive the price of ETHFI upward.
IOST/USDT Futures
Buy Zone: $0.0072 - $0.0071
Targets: $0.0073, $0.0074, $0.0075, $0.0076, $0.0077
Stop Loss: $0.0070
Reasons:
Low Entry Price: IOST's low price makes it attractive for traders aiming to leverage small price movements for potentially high percentage gains.
Tight Stop Loss: The stop loss is positioned very close to the entry point to minimize potential losses.
Scalability: The five target levels allow for scaling out of the position at different points, potentially maximizing profits as the price rises.
Disclaimer: These setups are chosen for their potential for quick gains with managed risk. However, all trading carries inherent risk, and market conditions are subject to rapid change. Exercise caution and consider broader market trends and news before executing any trades.