How to Convert $20 into $70 with $STEEM /USDT
Bearish Trading Strategy
1. Current Price: $0.2451 (-16.23%)
2. Entry Point:
Enter a short position near $0.2450 if the price continues to show downward momentum.
3. Target:
Short-Term Target: $0.2300
Mid-Term Target: $0.2200
4. Stop-Loss:
Set a stop-loss at $0.2500 to minimize risk in case of an unexpected price surge.
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Shorting Strategy (For Futures Trading)
1. Leverage:
Use 3x leverage to amplify profits, turning $20 into $70.
2. Entry Point:
Enter the short position around $0.2450 if the bearish trend holds.
3. Targets:
Short-Term Target: $0.2300
Mid-Term Target: $0.2200
4. Stop-Loss:
Set a stop-loss around $0.2500 to protect against upward reversals.
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Risk Management
Allocate $15 for spot trading and $5 for futures trading. Adjust stop-loss levels based on price movements.
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Disclaimer:
Always conduct thorough research and use proper risk management when trading.
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With STEEM/USDT, you can turn $20 into $70 with this bearish strategy!