How to Convert $30 into $90 with $XRP /USDT

Bearish Trading Strategy

1. Current Price: $2.0682 (-5.41%)

2. Entry Point:

Short near $2.10 if the price fails to break resistance.

3. Target:

Short-Term Target: $1.95

Mid-Term Target: $1.85

4. Stop-Loss:

Place a stop loss above $2.15 to manage risk.

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Shorting Strategy (For Futures Trading)

1. Leverage:

Use 3x leverage for higher returns.

2. Entry Point:

Enter a short position near $2.10 if downward pressure persists.

3. Targets:

Short-Term Target: $1.95

Mid-Term Target: $1.85

4. Stop-Loss:

Set a stop loss around $2.20 to limit potential losses.

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Risk Management

Allocate $20 for spot trading and $10 for futures trading. Adjust stop-loss levels as the market trends.

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Disclaimer:

Always perform thorough analysis and use proper risk management strategies.

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This time, $30 can turn into $90 with this bearish strategy for XRP/USDT!