Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
FIR's recent movement has provided many short opportunities. Looking at the 15-minute chart, the rhythm is quite clear.
**How to Enter**
You can consider entering a short position around the 0.0067732 level. However, if the price rebounds and reaches the 0.00700-0.00713 range, don’t rush to close the position. Instead, it’s a good opportunity to add to your short position—this range is right next to the MA25 moving average at 0.0071317, which is a short-term key resistance level. Repeated tests of this level also don’t support a bullish case.
**How to Set Risk Control**
Place your stop-loss at 0.00750. This level is above the moving average. If the price breaks through here, it means the 15-minute downtrend has been broken, and it’s time to accept the loss.
**Profit Taking in Two Steps**
The first target is 0.00650. This is near the previous low of 0.0065024, with obvious short-term support. When reached, a rebound is highly probable. It’s recommended to take profits here and close 50% of the position to lock in gains.
Keep the remaining 50% and aim for 0.00600-0.00580. From a technical perspective, after the price surged, the volume has been shrinking, and the moving averages are acting as significant resistance. Once it breaks down, the downward space will open further. This range is the final area to close the position.