BNB/USDT: How to Turn $70 into $200 with Strategy

Spot Trading Strategy $BNB /USDT

1. Current Price: $697.26 (-1.25%)

2. Entry Point: Buy during dips around $690–$695.

3. Target: $750 (short-term), $800 (mid-term).

4. Stop-Loss: Set at $660 to manage risk.

Futures Trading Strategy

1. Leverage: Use 2x–3x leverage for safer returns.

2. Entry Point: Open a long position near $695 after confirming upward momentum.

3. Targets:

Short-Term: $740

Mid-Term: $790

4. Stop-Loss: Tight stop at $660.

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Risk Management

Allocate $50 for spot trades and $20 for futures. Monitor BNB/USDT’s trend and adjust accordingly.

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Disclaimer:

Trading carries risks due to volatility. Always do thorough research and consider consulting a financial expert. Manage your capital responsibly.