๐ Best Stop-Loss Strategies on Binance: Trade Smart, Stay Safe ๐
Stop-loss = your safety net in crypto. Use these smart strategies on Binance:
๐ % Stop-Loss โ Set a fixed % (like 2%) to cap losses. Great for beginners.
๐ Trailing Stop โ Follows price upward to lock in gains. Perfect in trending markets.
๐ Support/Resistance โ Place stops just beyond key levels. Good for chart-based traders.
โก Volatility Stop โ Use tools like ATR to avoid being stopped out by price swings.
Pro Tip ๐ก: Donโt go too tightโgive your trades room to move.
Stay sharp. Protect your profits. Trade smart on Binance ๐ผ๐