How to Convert $25 into $75 with $SUI /USDT
Bearish Trading Strategy
1. Current Price: $4.0914 (-3.50%)
2. Entry Point:
Consider shorting near $4.10 if the price struggles to break resistance.
3. Target:
Short-Term Target: $3.90
Mid-Term Target: $3.70
4. Stop-Loss:
Set a stop loss above $4.20 to mitigate risk.
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Shorting Strategy (For Futures Trading)
1. Leverage:
Utilize 4x leverage to amplify returns.
2. Entry Point:
Enter a short position around $4.10 if resistance remains strong.
3. Targets:
Short-Term Target: $3.90
Mid-Term Target: $3.70
4. Stop-Loss:
Place a stop loss near $4.25 for risk management.
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Risk Management
Allocate $15 for spot trading and $10 for futures trading. Adjust stop-loss levels as the market develops.
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Disclaimer:
Trading involves risks. Ensure you do your research and use proper risk management techniques.
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With this bearish approach, $25 could potentially grow to $75 by trading SUI/USDT!