Market update | Binance’s top 24-hour gainer: $INIT (+68.85%)
Current price: $0.223180. Below are trading plans for both long and short positions (both using 3x leverage).
【Long Trade Plan】
• Long entry price: $0.223180
• Take-profit target: $0.290134 (price +30%, principal +90%)
• Stop-loss: $0.200862 (price -10%; exit when loss reaches 30% of principal)
【Short Trade Plan】
• Short entry price: $0.223180
• Take-profit target: $0.156226 (price -30%, principal +90%)
• Stop-loss: $0.245498 (price +10%; exit when loss reaches 30% of principal)
【Bullish Analysis】
1. Up 68.85% in 24 hours, it ranks first on Binance’s gainers list, attracting the most market attention and interest.
2. The top-ranked asset often has strong momentum, so going long with the trend may offer a chance for the momentum to continue.
【Bearish Analysis】
1. Chasing a rally at elevated prices carries significant risk. Long positions require strict stop-losses; those shorting against the trend should beware of a continued short squeeze.
Just my personal opinion, for reference only. Trade at your own risk.
#风向速递 #涨幅榜第一 #$INIT #多空双向 #3倍杠杆 #Binance
Current price: $0.223180. Below are trading plans for both long and short positions (both using 3x leverage).
【Long Trade Plan】
• Long entry price: $0.223180
• Take-profit target: $0.290134 (price +30%, principal +90%)
• Stop-loss: $0.200862 (price -10%; exit when loss reaches 30% of principal)
【Short Trade Plan】
• Short entry price: $0.223180
• Take-profit target: $0.156226 (price -30%, principal +90%)
• Stop-loss: $0.245498 (price +10%; exit when loss reaches 30% of principal)
【Bullish Analysis】
1. Up 68.85% in 24 hours, it ranks first on Binance’s gainers list, attracting the most market attention and interest.
2. The top-ranked asset often has strong momentum, so going long with the trend may offer a chance for the momentum to continue.
【Bearish Analysis】
1. Chasing a rally at elevated prices carries significant risk. Long positions require strict stop-losses; those shorting against the trend should beware of a continued short squeeze.
Just my personal opinion, for reference only. Trade at your own risk.
#风向速递 #涨幅榜第一 #$INIT #多空双向 #3倍杠杆 #Binance
