How to Convert $40 into $70 with $VANA /USDT

Bearish Trading Strategy

1. Current Price: $18.16 (-3.46%)

2. Entry Point:

Wait for a rebound to $18.50. If resistance holds, consider shorting.

3. Target:

Short-Term Target: $17.50

Mid-Term Target: $16.80

4. Stop-Loss:

Set a stop loss above $19.00 to limit risk.

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Shorting Strategy (For Futures Trading)

1. Leverage:

Utilize 4x leverage for amplified returns on the bearish move.

2. Entry Point:

Enter a short position near $18.50 if resistance holds.

3. Targets:

Short-Term Target: $17.50

Mid-Term Target: $16.80

4. Stop-Loss:

Place your stop loss at $19.20 to safeguard your position.

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Risk Management

Allocate $25 for spot trading and $15 for futures.

Adjust stop-loss levels to minimize losses based on market conditions.

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Disclaimer:

Trading involves risks. Conduct your research and practice strict risk management strategies.

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Turn $40 into $70 with this bearish trading strategy for VANA/USDT!