How to Convert $40 into $120 with $PENGU /USDT

Bearish Trading Strategy

1. Current Price: $0.032366 (-8.14%)

2. Entry Point:

Enter near $0.0323 if the price shows continued bearish momentum.

3. Target:

Short-Term Target: $0.0300

Mid-Term Target: $0.0280

4. Stop-Loss:

Set a stop loss above $0.0330 to limit potential risk.

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Shorting Strategy (For Futures Trading)

1. Leverage:

Use 3x leverage to amplify returns on the bearish move.

2. Entry Point:

Enter a short position near $0.0323 if resistance holds.

3. Targets:

Short-Term Target: $0.0300

Mid-Term Target: $0.0280

4. Stop-Loss:

Set your stop loss around $0.0340 to minimize risk.

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Risk Management

Allocate $25 for spot trading and $15 for futures trading. Adjust stop-loss levels based on market fluctuations.

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Disclaimer:

Always conduct your own research and use proper risk management when trading.

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This strategy can convert $40 into $120 with PENGU/USDT!