Dealing with leverage is forbidden

Top Crypto Market Losers on Binance 💯📉

$BIO

/USDT 5x (Current Price: 0.6932, -14.17%)

Support: 0.6886 (24h low), 0.6700 (major support level)

Resistance: 0.7300, 0.7600 (recent highs)

Trade Strategy:

Bullish: Buy if BIO/USDT breaks above 0.7300.

Target: 🎯0.7500 | 🎯0.7700 | 🎯0.8000

Stop Loss: 0.6700

Bearish: Hold/short if the price fails to break 0.7300 and drops below 0.6886.

Target: 🎯0.6700 | 🎯0.6400 | 🎯0.6200

Stop Loss: 0.7600

$USUAL

/USDT 5x (Current Price: 0.9605, -8.85%)

Support: 0.9400, 0.9200 (critical support zones)

Resistance: 1.0000, 1.0500 (psychological resistance)

Trade Strategy:

Bullish: Buy if USUAL/USDT breaks above 1.0000.

Target: 🎯1.0500 | 🎯1.1000 | 🎯1.1200

Stop Loss: 0.9200

Bearish: Short if price fails at resistance and falls below 0.9400.

Target: 🎯0.9200 | 🎯0.8900 | 🎯0.8500

Stop Loss: 1.0500

$TROY

/USDT 5x (Current Price: 0.004338, -7.41%)

Support: 0.004225, 0.004000 (important levels)

Resistance: 0.004500, 0.004800 (recent highs)

Trade Strategy:

Bullish: Buy if TROY/USDT breaks above 0.004500.

Target: 🎯0.004800 | 🎯0.005000 | 🎯0.005200

Stop Loss: 0.004000

Bearish: Hold/short if the price fails to break 0.004500 and drops below 0.004225.

Target: 🎯0.004000 | 🎯0.003800 | 🎯0.003500

Stop Loss: 0.004800

Key Notes for Leveraged Trading (5x):

Risk Management: Use tight stop-losses to manage risks due to leveraged positions.

Position Sizing: Be cautious with the 5x leverage, as small price fluctuations can lead to significant profit/loss.

Monitor Volatility: Given the leveraged exposure, monitor price action closely, especially near support/resistance levels.

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