How to Convert $37.56 into $100 with SCRT/USDT
Bearish Trading Strategy $SCRT
1. Current Price: $0.4692 (-6.18%)
2. Entry Point: Wait for a retest of the $0.47 level. If it fails to break higher, consider shorting.
3. Target:
Short-Term Target: $0.44
Mid-Term Target: $0.40
4. Stop-Loss: Set a stop loss above $0.48 to limit risk.
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Shorting Strategy (For Futures Trading)
1. Leverage: Utilize 3x leverage for amplified returns on the bearish move.
2. Entry Point: Enter a short position near $0.47 if resistance holds.
3. Targets:
Short-Term Target: $0.44
Mid-Term Target: $0.40
4. Stop-Loss: Place your stop loss around $0.50 to safeguard your position.
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Risk Management
Allocate $25.45 for spot trading and $12.11 for futures. Adjust the stop-loss levels according to market movement.
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Disclaimer: Always conduct due diligence and manage risk effectively when trading.