🔥 Let's calculate your potential profit if you take a 10x leverage position in WCT/USDT with a $50 margin and the price surpasses its recent high of $0.7829.
👀 Given:
Leverage: 10x
Margin (your capital): $50
Entry Price: $0.6567 (current price)
Target Price (recent high): $0.7829
🦶Step-by-step Calculation:
1. Total Position Size with Leverage:
50 \times 10 = 500 \text{ USDT}
2. Number of Tokens Bought:
\frac{500}{0.6567} \approx 761.38 \text{ WCT}
3. Value at Target Price:
761.38 \times 0.7829 \approx 596.21 \text{ USDT}
4. Profit (excluding fees):
596.21 - 500 = 96.21 \text{ USDT}
5. ROI on Your Capital ($50):
\frac{96.21}{50} \times 100 \approx 192.42\%
💡 Conclusion:
If WCT hits $0.7829 and you exit your 10x leveraged position at that point, your $50 margin could earn about $96.21 profit, nearly doubling your money (192% ROI) — before fees and slippage.