TAO: Summary of Binance Killers Community Discussion (10:00:09 ~ 11:00:09)

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1. The current recommendation is to long on "TAO", with a clear entry point of 144-145. There is a strong support zone and liquidity sweep, and no risk of overextension or pullback is mentioned. This is a positive bullish attitude. 2. Position and Risk Management Recommendations: We recommend using 2-5 times leverage for long positions, with a stop-loss at 135. Target levels are clearly defined (150, 160, 175, 190, 205, 225, 250). The first target of 150 has been reached, resulting in a 17.2% profit (5x leverage). No specific timeframe is provided. 3. Suitable for trading styles: This strategy is suitable for aggressive short-term trading, which uses multi-level targets to quickly profit. It emphasizes quick entry and exit and is suitable for traders who seek high leverage for explosive growth. It fits the "Binance Killer" style of quickly capturing liquidity opportunities and is not suitable for holding positions for too long.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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