strong buy

Short Position on GOAT/USDT with Multiple Targets at Bingx

The analyst recommends a short position on #GOAT/USDT at Bingx exchanges, utilizing cross leverage of 50x. The entry point is set at 0.0881, with multiple take-profit targets ranging from 0.08678 down to 0.08149. Stop-loss is advised within a 5-10% range. This strategy suggests a bearish outlook with multiple levels to secure profits as the price decreases.
Source available for registered users Sign Up Free

AI Analysis

This analysis indicates a bearish outlook for GOAT/USDT, as evidenced by the decision to short at an entry point of 0.0881 with a significant leverage of 50x. The multiple take-profit targets suggest ...

AI Recommendation

Given the short-term bearish setup and high leverage, traders should approach with caution, ensuring strict adherence to stop-loss levels to manage risk. This strategy could yield profits if the marke...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: