Market Update | Binance’s top 24h gainer: $INIT (+97.53%)
Current price: $0.313360. Below are two trading plans, one long and one short (both with 3x leverage).
【Long Trade Plan】
• Long entry price: $0.313360
• Take-profit target: $0.407368 (price +30%, principal +90%)
• Stop-loss: $0.282024 (price -10%; exit when loss reaches 30% of principal)
【Short Trade Plan】
• Short entry price: $0.313360
• Take-profit target: $0.219352 (price -30%, principal +90%)
• Stop-loss: $0.344696 (price +10%; exit when loss reaches 30% of principal)
【Bullish Analysis】
1. Up +97.53% in 24 hours, ranking first among Binance’s top gainers, with the highest level of investor attention and market buzz
2. The top-ranked asset is often accompanied by strong momentum, so going long with the trend may offer a chance for the momentum to continue
【Bearish Analysis】
1. Chasing the rally at these elevated levels carries significant risk. Long positions require strict stop-losses; short positions should beware of a continued short squeeze
These are just my personal views and are for reference only. Trade at your own risk.
#风向速递 #涨幅榜第一 #$INIT #多空双向 #3倍杠杆 #Binance
Current price: $0.313360. Below are two trading plans, one long and one short (both with 3x leverage).
【Long Trade Plan】
• Long entry price: $0.313360
• Take-profit target: $0.407368 (price +30%, principal +90%)
• Stop-loss: $0.282024 (price -10%; exit when loss reaches 30% of principal)
【Short Trade Plan】
• Short entry price: $0.313360
• Take-profit target: $0.219352 (price -30%, principal +90%)
• Stop-loss: $0.344696 (price +10%; exit when loss reaches 30% of principal)
【Bullish Analysis】
1. Up +97.53% in 24 hours, ranking first among Binance’s top gainers, with the highest level of investor attention and market buzz
2. The top-ranked asset is often accompanied by strong momentum, so going long with the trend may offer a chance for the momentum to continue
【Bearish Analysis】
1. Chasing the rally at these elevated levels carries significant risk. Long positions require strict stop-losses; short positions should beware of a continued short squeeze
These are just my personal views and are for reference only. Trade at your own risk.
#风向速递 #涨幅榜第一 #$INIT #多空双向 #3倍杠杆 #Binance
