How to Adjust the Entry Price in Binance Futures Trading!!
When trading on Binance Futures, the entry price of your position is determined by the price at which your orders are executed. While you cannot directly "change" the entry price of an open position, you can influence it by strategically managing your trades. Here's how you can adjust your entry price or manage your position effectively. 1. Adjusting the Average Entry Price To adjust the entry price of your position, you can add to your current position. This changes the average entry price by b
$PAXG /USDT ā CONSOLIDATION PHASE HINTS AT A POTENTIAL BREAKOUT
$PAXG is trading at $2,652, down slightly by 0.19% in the past 24 hours. The price remains range-bound, fluctuating between a daily low of $2,643 and a high of $2,670. This sideways movement reflects market indecision as buyers and sellers battle for control.
Key Levels to Watch
Support: $2,643 is a critical level. A break below this could open the door to further declines, with the next support at $2,641.
Resistance: Repeated rejections near $2,670 suggest it as a key resistance level. A breakout above this could pave the way for a move toward $2,677 or higher.
Whatās Next? Bulls or Bears? On the 1-hour chart, $PAXG is under pressure, but the consolidation phase indicates that a decisive move is imminent. Traders should keep an eye on volume and price action around these critical levels.
A bullish breakout above $2,670 with rising momentum could signal the start of a fresh upward trend.
A bearish breakdown below $2,643 might push prices further downward, offering new shorting opportunities.
it is on the verge of a breakoutāstay alert for a clear signal to capitalize on the next major move. #Write2Earn! #PAXGUSDT
$1000CAT /USDT ā PULLBACK AFTER MASSIVE SURGE: WATCH FOR RE-ENTRY OPPORTUNITIES
$1000CAT is currently trading at $0.04415, up 12.69%. After an explosive rally to a 24-hour high of $0.07089, heavy profit-taking triggered a sharp pullback. Key support is now at $0.03918, where buyers might step in, potentially driving a rebound.
A breakout above $0.04922 could signal renewed bullish momentum, targeting $0.06085 or higher. However, if selling pressure persists, the price may dip toward $0.03759, offering a more secure long-entry opportunity.
Traders should stay vigilant, as momentum can shift quickly, presenting opportunities for profitable trades with well-timed entries and exits. #Write2Earn! #1000cats
Many people have been messaging and asking, āIs the bull market over?ā š The short answer is no, itās not over. Letās break down the current situation and what it means for Bitcoin and altcoins.
Bitcoin Price Surge and Dominance
Currently, weāre seeing Bitcoinās price rise significantly, accompanied by an increase in Bitcoin Dominanceāthe percentage of the total crypto market capitalization that Bitcoin represents. While this is great news for Bitcoin holders, it creates a temporary challenge
Bitcoin ($BTC), the worldās first and largest cryptocurrency by market cap, has once again proven its resilience by reaching a new all-time high (ATH). The crypto community is abuzz with excitement as the #BTCNewATH hashtag trends across social media platforms, signaling a renewed wave of interest and optimism in the digital asset.
In this article, weāll explore the significance of Bitcoinās new ATH, the factors driving its ascent, and what this milestone means for the broader cryptocurrency ma
"Understanding Binance Earn: Making Passive Income from Crypto"
Understanding Binance Earn: Making Passive Income from Crypto
In the fast-evolving world of cryptocurrency, earning passive income has become a popular way for investors to grow their holdings without actively trading. Binance Earn, a comprehensive suite of financial products offered by Binance, provides users with various ways to put their crypto to work. Whether you're a beginner or an experienced trader, Binance Earn has something to help you maximize your returns.