How to Transform $10 into $50 with SOL/USDT: A Quick Guide to Spot & Futures Trading
Spot Trading Strategy $SOL
1. Current Price: $204.93 (-5.06%)
2. Entry Point: Sell near $210–$220.
3. Target: $150 (short-term), $130 (mid-term), $100 (long-term).
4. Stop-Loss: Set at $225 to minimize losses.
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Futures Trading Strategy
1. Leverage: Use 3x–5x leverage for amplified gains.
2. Entry Point: Short below $205 if bearish momentum is confirmed.
3. Targets:
Short-Term: $180
Mid-Term: $150
Long-Term: $100 (5x potential).
4. Stop-Loss: Set tight at $225.
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Risk Management
Split $10: $7 for spot, $3 for futures.
Monitor market sentiment and adjust positions accordingly to mitigate risks.
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Disclaimer:
Cryptocurrency trading involves high risk. Please do your own research (DYOR) and seek advice from a professional before making any investment decisions.