$INIT USDT
Let’s break it down clearly:
Your position:
Entry Price: 0.8477 USDT
Current Mark Price: 0.8315 USDT
Liquidation Price: 0.8554 USDT (very close!)
Size: 5,111.73 USDT
Margin Used: 101.74 USDT
Margin Ratio: 25.68%
Leverage: 50x isolated
TP/SL:
Take Profit: 0.8000
Stop Loss: 0.8540
Current PnL:
+105.90 USDT
ROI: +103.46%
Interpretation:
You are currently in a short position (because your TP is lower than entry, and you profit as price drops).
You’re profitable right now, and up over 100% ROI.
BUT you are very close to liquidation — your stop-loss is tight, but liquidation is at 0.8554 and SL at 0.8540, so if price spikes up a little, you might get stopped or liquidated.
BTCUSDT chart is mentioned — this matters because INITUSDT might move similarly to BTC movements.
Advice if you want to manage this trade safely:
Since you already doubled your margin (103% ROI), you could move SL lower (like below entry, say at 0.8400) to lock in profits.
Partial close could be smart too — maybe close 50% now to secure profit and let the rest run toward 0.8000 TP.
Watch BTCUSDT behavior closely. If BTC pumps, INIT might follow and threaten your short.
Would you like me to also suggest a live update strategy.
#EthereumFuture #BinanceAlphaPoints #xrpetf #Write2Earn! #INitOnBinance