Current Trade Snapshot: • Position: SHORT • Leverage: 20x (Cross) • Entry Price: 0.1047848 • Mark Price: 0.0983338 • Take Profit: 0.0700000 • PNL: +$31.38 • ROI: +131.21% • Margin Used: $23.92 • Size: $478.61 • Liquidation Price: 0.1300688
Technical Analysis: • EMA(9): 0.09872 • EMA(21): 0.09909 • The price is currently trading slightly below both EMAs, indicating mild short-term bearish pressure. • Support observed near 0.09701, while resistance is around the 0.105 range.
Key Takeaways: • A high-risk, high-reward setup played out well with precise entry. • Position is still active with a tight margin ratio of 2.97%, but well-managed risk. • Funding rate adjustments are now hourly (from 4hr), increasing volatility potential – stay alert.
Outlook: Short bias remains valid as long as price stays under the EMAs and doesn’t push past 0.100+. Eyes on the 0.096 - 0.097 zone for a potential next target before TP at 0.070.
#sign #binance
Trade safe and use proper risk management!
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