How to Convert $50 into $100 with $FXS /USDT

Bearish Trading Strategy

1. Current Price: $3.862 (-7.39%)

2. Entry Point: Look for a selling opportunity around $4.00–$4.10 if the price fails to break higher.

3. Target:

Short-Term Target: $3.50

Mid-Term Target: $3.00

4. Stop-Loss: Set a stop loss above $4.15 to manage risk effectively.

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Shorting Strategy (For Futures Trading)

1. Leverage: Use 5x leverage to maximize profits in a short market.

2. Entry Point: Open a short position near $4.00.

3. Targets:

Short-Term Target: $3.50

Mid-Term Target: $3.00

4. Stop-Loss: Place a stop loss at $4.20 to minimize potential losses.

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Risk Management

Allocate $40 for spot trades and $10 for futures. Adjust stop-loss according to market movement.

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Disclaimer: Trading involves risk. Always do your research and manage risks carefully.