NIL/USDT – Bearish Signal Alert
Trade Setup:
1. *Sell/Short*: $0.5500
2. *Targets*: $0.5200, $0.5000
3. *Stop-Loss*: $0.5800
Market Analysis:
1. *New Coin Volatility*: $NIL is a new coin, known for wild price swings.
2. *Price Drop*: Down over -10% and still slipping.
3. *Break Below $0.5500*: Potential further downside toward $0.5200 and $0.5000.
Risk Management:
1. *Risk 2-5% per trade*: Manage risk carefully.
2. *Stick to stop-loss*: Avoid significant losses.
3. *Aim 1:2+ R/R*: Target higher returns.
4. *Avoid FOMO & chasing*: Make informed decisions.
5. *Adjust for volatility*: Be prepared for price swings.
Important Reminders:
1. *DYOR (Do Your Own Research)*: Before trading, always research.
2. *Manage risk wisely*: Crypto markets are volatile.
3. *Futures trading may not be Shariah-compliant*: Trade responsibl$NIL