How to Convert $20 into $60 with $DOGE /USDT
Bearish Trading Strategy
1. Current Price: $0.31103 (-1.95%)
2. Entry Point:
Look for a retest around $0.3120. If the price fails to break higher, consider entering a short position.
3. Target:
Short-Term Target: $0.3000
Mid-Term Target: $0.2850
4. Stop-Loss:
Set a stop loss above $0.3150 to limit potential losses.
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Shorting Strategy (For Futures Trading)
1. Leverage:
Use 4x leverage for better returns on this bearish move.
2. Entry Point:
Enter a short position near $0.3120 if resistance holds.
3. Targets:
Short-Term Target: $0.3000
Mid-Term Target: $0.2850
4. Stop-Loss:
Place your stop loss around $0.3150 to safeguard your position.
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Risk Management
Allocate $15 for spot trading and $5 for futures. Adjust your stop-loss levels as per market trends.
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Disclaimer:
Always conduct thorough research and manage risk effectively before trading.
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This plan can help turn $20 into $60 with DOGE/USDT!