#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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PIUSDT Trading Strategy: Key Levels and Market Approach
PIUSDT has seen significant volatility, recently dropping 15.20% and finding temporary support around 1.0486. Traders looking to capitalize on the current market conditions should consider a structured strategy.
Key Technical Levels
Support: 1.05, 1.00
Resistance: 1.15, 1.20
Trading Strategy Approaches
1. Scalping Strategy (Short-Term)
Entry: Look for a bounce near 1.05 with confirmation from RSI and volume increase.
Exit: Take profit around 1.10-1.12, with a stop-loss below 1.04.
Risk: High, due to market instability.
2. Swing Trading Strategy (Medium-Term)
Entry: If price holds above 1.05 and starts trending upward, consider buying near 1.08.
Exit: Target 1.15-1.20, securing profits along the way.
Stop-Loss: Below 1.02 to manage downside risk.
3. Breakout Strategy (High-Risk, High-Reward)
Entry: If price breaks and holds above 1.15 with strong volume, enter a long position.
Exit: Target 1.25-1.30, with a stop-loss at 1.12.
Confirmation: Monitor market sentiment and news.
Risk Management Tips
Never risk more than 2% of total capital per trade.
Use stop-loss orders to minimize potential losses.
Watch for volume spikes and trend confirmations before entering trades.
The market remains uncertain, and traders should stay updated on price movements and key technical indicators before making decisions. What is your trading plan for PIUSDT?
Disclaimer: This is not financial advice. Do your own research before trading.
#PI#