Today I entered a long futures trade on the KAVA/USDT pair using 5× leverage. My entry price was $0.41 and I’ve set two target levels: $0.44 for partial profit booking and $0.49 for full exit. I placed my stop loss at $0.395 to limit downside. I entered after observing a bullish breakout from a wedge pattern supported by high volume. My decision was also backed by recent news about KAVA’s partnership announcement. I always calculate risk-to-reward before any trade. I use Binance Futures and I make sure my margin is sufficient to avoid early liquidation. Let’s see how this goes!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.