Over the past 24 hours, I’ve been focusing on short-term volatility plays, mainly using the BTC/USDT and HYPER/USDT pairs. I opened a long position on BTC after a support bounce at $60,800, targeting a resistance zone at $62,500, which yielded a clean 2.3% gain. At the same time, I took a scalp trade on HYPER/USDT, leveraging a sudden spike in volume to enter early and exit with a 7% profit in under an hour. I always use tight stop-losses and monitor RSI + EMA indicators for entry points. Risk management is key, so I only risk 2% per trade.
#CreatorPad is the new game changer for Binance and simply give the traders a free book and pen to note down their strategies before getting to trades.
Even the best traders slip up. Common pitfalls include overtrading, ignoring risk management, and chasing the market without a clear plan. Stay disciplined, review your strategies, and learn from every trade. #TradingStrategyMistakes
Exciting developments across blockchain, DeFi, and regulatory spaces as #USCryptoWeek kicks off. Looking forward to insights from industry leaders on shaping the future of crypto in the U.S. Who’s attending or following the events?