The is my trading a cryptocurrency perpetual futures trade for NEWTUSDT. It's a "Short" position with 5x leverage.

Currently, the trade shows an unrealized Profit & Loss (PNL) of -0.62 USDT, representing a -55.00% loss. The entry price for this short position was 0.2515, and the last traded price is 0.282561. The red line on the small chart suggests a significant upward price movement since the short position was opened, contributing to the current loss. This indicates the market moved unfavorably against the short trade.