How to Convert $21 into $42 with $MOVR /USDT
Bearish Trading Strategy
1. Current Price: $12.839 (-9.10%)
2. Entry Point:
Enter near $12.850 if the price continues to show bearish momentum.
3. Target:
Short-Term Target: $11.800
Mid-Term Target: $10.500
4. Stop-Loss:
Set a stop loss above $13.200 to limit potential downside risk.
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Shorting Strategy (For Futures Trading)
1. Leverage:
Use 2x leverage to increase potential returns on the bearish movement.
2. Entry Point:
Enter a short position near $12.850 if resistance holds at this level.
3. Targets:
Short-Term Target: $11.800
Mid-Term Target: $10.500
4. Stop-Loss:
Place your stop loss around $13.200 to safeguard your position.
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Risk Management
Allocate $16 for spot trading and $5 for futures. Adjust stop-loss levels based on market movements.
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Disclaimer:
Always conduct thorough research and manage your risk effectively when trading.
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This strategy can help turn $21 into $42 with MOVR/USDT!