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BNB shorting strategy: gradual position building and trend prediction

In the cryptocurrency market, price fluctuations can not only bring lucrative profits, but also come with corresponding risks. In this article, we will explore a shorting strategy for BNB (Binance Coin) to achieve ideal investment returns through gradual position building and trend prediction.

Strategy Overview

The current strategy is based on the bearish expectation of BNB price: short at 604 points, and gradually increase positions to different points, with the final target of taking profit at 590 points.

Specific operation steps

Starting position (604 points):

When the BNB price reaches 604, open 20% of the position. This point is the initial shorting point, and this price is selected based on the bearish prediction of its current form.

Gradually add positions (606 points, 608 points, 610 points):

When the price rises slightly to 606, 608, and 610, add 20% of the position each time. This strategy is based on past experience, that is, BNB usually rebounds in the short term, but the overall trend remains downward.

Take profit (590 points):

It is expected that the price will eventually fall back to 590, and then the position will be cleared and the profit will be taken. The establishment of the take profit point is based on technical analysis and market psychology. It not only considers the possible lowest point of the market, but also approaches the previous support area.

See how much profit I can make in this wave. $BNB