$DUSK /USDT
LONG
Entry Price: $0.1951
Targets:
Target 1: $0.20382.
Target 2: $0.21263.
Target 3: $0.21794.
Target 4: $0.2242
Stop Loss:- Set stop loss at $0.1835
based on a 1:3 risk-to-reward ratio, keeping the risk manageable.
Risk Management:
1. Position Sizing:- Based on your portfolio, use an appropriate position size to ensure that if the stop loss is hit, you lose no more than 2-3% of your total capital.
2.Trailing Stop-Loss Strategy: - Move your stop loss higher after each target is hit to lock in profits and reduce risk as the price moves upward.With this strategy, you maintain a disciplined approach to managing risk while capitalizing on potential upward movement toward $0.2242.