How to Convert $17 into $34 with $PIVX /USDT
Bearish Trading Strategy
1. Current Price: $0.3187 (-9.20%)
2. Entry Point:
Enter near $0.3200 if the price shows continued bearish momentum.
3. Target:
Short-Term Target: $0.2900
Mid-Term Target: $0.2700
4. Stop-Loss:
Set a stop loss above $0.3250 to limit downside 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 $0.3200 if resistance holds at this level.
3. Targets:
Short-Term Target: $0.2900
Mid-Term Target: $0.2700
4. Stop-Loss:
Place your stop loss around $0.3250 to safeguard your position.
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Risk Management
Allocate $12 for spot trading and $5 for futures. Adjust stop-loss levels according to market price action.
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Disclaimer:
Always do your research and manage risk effectively when trading.
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This strategy can help turn $17 into $34 with PIVX/USDT!