How to Convert $35 into $100 with $DOGE /USDT
Bearish Trading Strategy
1. Current Price: $0.32217 (-1.62%)
2. Entry Point:
Short near $0.323 if the price shows signs of rejection at resistance.
3. Target:
Short-Term Target: $0.310
Mid-Term Target: $0.295
4. Stop-Loss:
Set a stop loss above $0.330 to manage risk effectively.
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Shorting Strategy (For Futures Trading)
1. Leverage:
Use 5x leverage for higher returns.
2. Entry Point:
Enter a short position near $0.323 if resistance holds.
3. Targets:
Short-Term Target: $0.310
Mid-Term Target: $0.295
4. Stop-Loss:
Set your stop loss at $0.335 to protect your position.
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Risk Management
Allocate $20 for spot trading and $15 for futures trading. Adjust targets and stop-loss levels based on market dynamics.
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Disclaimer:
Always perform your analysis and use risk management strategies when trading.
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With this bearish strategy, $35 could potentially turn into $100 by trading DOGE/USDT!