Top Losers of the Day 💯 💫
1. $TROY
/USDT (5x leverage)
Entry: $0.004332
Current Price: $0.004332
Loss: -46.79%
Exit: Consider cutting losses if price drops further below $0.004.
Target: $0.0055–$0.0060 if the price starts to recover.
Pro Tip: Given the large loss, assess market conditions and consider reducing position size or exiting if price continues to fall. Focus on risk management with stop loss or using a smaller position until recovery.
2. $PHA
/USDT (5x leverage)
Entry: $0.3387
Current Price: $0.3387
Loss: -9.58%
Exit: If price falls below $0.30, consider exiting to minimize further losses.
Target: $0.38–$0.40 as a potential area for recovery if market sentiment improves.
Pro Tip: If PHA shows signs of consolidation or reversal near $0.32–$0.34, you may hold longer with a tight stop loss to manage risk.
3. $STMX
/USDT (5x leverage)
Entry: $0.005506
Current Price: $0.005506
Loss: -8.39%
Exit: If the price drops below $0.0050, exit to cut losses.
Target: $0.0060–$0.0065 if the price starts recovering, focusing on a gradual uptrend.
Pro Tip: In case of further downside, consider lowering your position or using a tighter stop to protect against deeper losses.
General Pro Tip for Losing Positions:
When dealing with significant losses, prioritize risk management. You may want to reduce position size, adjust stop losses, or even exit early to avoid further losses. Don't let emotions dictate decisions. It's important to assess the market condition, look for possible recovery signals, and decide accordingly.
#BIOOnBinance #USJoblessClaimsDrop #Binance250Million #USStateBuysBTC #XRPBackInTop3