poap

ACEUSDT 240m Short Oppotunity

Short
BINANCE:ACEUSDT.P   ACE / TetherUS PERPETUAL CONTRACT
I have identified a recent establishment of a resistance level on the 240-minute chart for the ACEUSDT pair. In light of this observation, I have opted to assume a short position, undertaking a calculated risk equivalent to approximately 2.5% of my trading account. This decision is based on a strategic evaluation of the market dynamics, with the intention of capitalizing on potential downward price movements. By adhering to prudent risk management principles, I aim to navigate the market with a disciplined approach, aligning my trading activities with a carefully considered risk-reward profile for optimal portfolio preservation and potential profitability.
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