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.