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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
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$FTT Trading Plan - Potential Investment Opportunity
✅ Recommended Buy Zone: Buy in the range from $0.9000 to $0.9900 → This price range is considered low risk, suitable for opening a buy position.
⛔ Stop Loss: Set a stop loss order at the level of $0.8000 → Helps limit losses in case the market goes against expectations.
🎯 Take Profit Target:
Goal 1: $1.1020 📍→ When this price level is reached, move the stop loss to breakeven to protect capital.
Objective 2: $1.1250 🎯→ Continue to hold the order and manage the position carefully.
Goal 3: $1.2500 🚀→ This is a high expectation zone, suitable for closing the remaining part of the order or maximizing profits.
⚖️ Risk/Reward Ratio:
Minimum target: Ratio 3:1 → This means that for every 1 unit of risk, you can expect 3 units of profit – an ideal ratio in financial trading.
🔄 Order Management Strategy:
• Adjust the stop-loss to the breakeven point after reaching the first target.
• Do not fomo, patiently wait for the price to return to the ideal buying zone.
• Monitor the market closely to respond flexibly to major fluctuations.
📌 Note: This is a reference strategy. Always ensure that you manage your capital wisely and consider personal risks before participating in trading.