#CryptoReboundStrategy
Rebound Strategy for Crypto Traders
After a market downturn, a well-timed rebound strategy can help you capitalize on the recovery. Here's a simple approach:
Identify oversold conditions using RSI and Bollinger Bands.
Set a buy trigger at key support levels.
Allocate a small portion of your portfolio to high-potential assets.
Set a stop-loss at 5-10% below your entry point.
Scale your position as the rebound gains momentum.
Stay vigilant, and don't get caught in a false breakout. #CryptoRebound #tradingStrategy