How to Convert $20 into $100 with $VANA /USDT
Bearish Trading Strategy
1. Current Price: $18.00 (-9.38%)
2. Entry Point:
Wait for a retest of $18.10. If it fails to break higher, consider shorting.
3. Target:
Short-Term Target: $17.20
Mid-Term Target: $16.50
4. Stop-Loss:
Set a stop loss above $18.30 to limit potential downside risk.
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Shorting Strategy (For Futures Trading)
1. Leverage:
Use 4x leverage to maximize returns on the bearish move.
2. Entry Point:
Enter a short position near $18.10 if resistance holds.
3. Targets:
Short-Term Target: $17.20
Mid-Term Target: $16.50
4. Stop-Loss:
Place your stop loss around $18.50 to protect your position.
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Risk Management
Allocate $12 for spot trading and $8 for futures. Adjust stop-loss levels based on market trends.
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Disclaimer:
Always perform due diligence and manage risk effectively when trading.
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This strategy can convert $20 into $100 with VANA/USDT!