$SCR
Trade recommendation
1% portfolio
Stop Loss: $0.95
Stop Gain: $1.55
Entry price: $1.15-$1.25
For the Scroll (SCR) cryptocurrency, we recommend a risk management strategy that involves setting a stop loss at $0.95 and a stop gain at $1.55.
The stop loss at $0.95 aims to limit losses if the market follows a downward trend, protecting the invested capital by setting an automatic exit point before larger losses. The stop gain at $1.55 seeks to guarantee profit taking when the asset reaches a previously defined level, taking advantage of the currency's appreciation without the need for constant monitoring. This approach helps balance risks and potential returns, providing a safer operation that is aligned with the volatility of the cryptocurrency market.