Long (Future )
Hold is gold
RARE USDT
Trade Setup for RARE/USDT
1. Entry Point: Buy between 0.1150 and 0.1180.
2. Stop Loss (SL): Set a stop loss at 0.1130 to limit potential losses.
3. Take Profit (TP):
First target at 0.1250.
Second target at 0.1350 (if the price continues to rise).
Hedge Position
Hedge Entry: If the price falls below 0.1130, enter a short position to protect your long position.
Hedge Stop Loss: For the short position, set a stop loss at 0.1160 to manage the risk of a sudden reversal.
Hedge Take Profit: Aim to close the short position at 0.1100 or lower to capture gains if the market continues down.
Risk Management
Keep your risk per trade small, ideally not risking more than 1-2% of your total capital.
Use this hedge strategy to reduce potential losses if the market turns bearish.