How to Convert $12 into $36 with $PENGU /USDT
Bearish Trading Strategy
1. Current Price: $0.030897 (-7.80%)
2. Entry Point:
Wait for a retest near $0.031. If the price fails to break higher, consider shorting.
3. Target:
Short-Term Target: $0.029
Mid-Term Target: $0.027
4. Stop-Loss:
Set a stop loss above $0.032 to limit losses.
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Shorting Strategy (For Futures Trading)
1. Leverage:
Use 4x leverage to maximize potential returns.
2. Entry Point:
Enter a short position near $0.031 if resistance holds.
3. Targets:
Short-Term Target: $0.029
Mid-Term Target: $0.027
4. Stop-Loss:
Place your stop loss around $0.032 for safety.
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Risk Management
Allocate $8 for spot trading and $4 for futures. Adjust stop-loss levels with market movement.
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Disclaimer:
Always conduct thorough research and manage risk effectively while trading.
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This strategy could turn $12 into $36 with PENGU/USDT!