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!