KUCOIN:SFUNDUSDT   Seedify.fund / Tether
πŸ”” Signal: BUY


πŸ“ˆ Technical Analysis:
SFUNDUSDT ($SFUND) is indicating a strong BUY signal, having recently rebounded from the 61.80% Fibonacci level, confirming a robust uptrend on the daily chart.

πŸ“Š Trade Details:

Entry Point: Current market level (Reflecting 61.80% Fibonacci retracement) "β‰ˆ3.40"
Target 1: $4.70
Target 2: $5.50
Target 3: $6.08

πŸ“ˆ Trade Analysis:

The bounce from the 61.80% Fibonacci level signifies a strong bullish sentiment for SFUNDUSDT ($SFUND). The confirmed uptrend on the daily chart suggests potential further gains. Specific target levels will be updated shortly to optimize profit potential.

πŸ’‘ Risk Management:

- Only use 5%-10% of your capital for this trade to mitigate risks.
- Avoid going ALL IN on trades, even if you're confident they will succeed.
- Do not invest your full capital; it's important to diversify and manage risk exposure.
- Consider setting a stop-loss at an appropriate level to protect your investment by regularly monitoring and adjusting levels as needed.
- Successful trading requires patience. Allow the trade to develop and avoid impulsive decisions.

πŸ”„ Additional Buy Zone:

- Be prepared to identify and utilize another buy zone if market conditions require it. Flexibility is key in adapting to changing trends.

⚠️ Spot Trading vs. Futures:

- Spot trading is a safer and more controlled approach, allowing for better risk management compared to the higher volatility and speculative nature of futures trading.
- Exercise caution and consider the potential risks associated with leveraged instruments.

🚨 Disclaimer:
Trading involves risks, and past performance does not guarantee future results. Exercise caution and conduct your research before making any financial decisions.


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