1. Order Setup

Pair: WCTUSDT Perpetual

Order Type: Market

Leverage: 60x (Cross)

๐Ÿ”น 2. Enable TP/SL

Check โœ… TP/SL option

๐Ÿ”น 3. Set Stop Loss

Current resistance is around:

0.5440 to 0.5470 (recent high + MA(99) line)

So, set your Stop Loss = 0.5475

๐Ÿ”น 4. Optional: Set Take Profit

Support seen around 0.5260 to 0.5200

Set your Take Profit = 0.5250

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๐Ÿ“Œ Example for Short Trade

Amount: e.g., 1.59 USDT

โœ… TP/SL:

TP: 0.5250

SL: 0.5475

Action Price Target Why

Sell/Short 0.5250 Support zone (take profit)

Stop Loss 0.5475 Above resistance/MA line

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โš ๏ธ Caution

With 60x leverage, price only needs to move ~1.7% against you to liquidate your position. Tight SL is essential.

Lower leverage = more breathing room.