Consider a limit order: Place a buy limit order slightly below the current price, around $11.00 or $10.95, anticipating a potential dip before a bounce.
Set a tight stop-loss: Due to the volatility, a tight stop-loss is crucial. Place it just below the recent low, around $10.70 or $10.65, to limit potential losses if the price continues to decline.
Set a profit target: Aim for a small profit target, considering the counter-trend nature of the trade. A potential target could be around $11.20 or $11.25, which aligns with the previous resistance level.
Note:
This is not financial advice. Trading cryptocurrencies involves significant risk. Always do your own research and consult with a financial advisor before making any investment decisions.
#BinanceAlphaAlert #AirdropSafetyGuide #DigitalAssetBill #TRUMP
