๐ My Current Position Overview
Pair: #BTC/USDT Perpetual
Leverage: 125x (very high ๐จ โ be cautious)
Position Size: $215.3
Entry Price: $107,537.40
Mark Price: ~$107,597.23 (slightly above entry)
Unrealized PNL: +$0.18 (~+10.66% ROI)
Liquidation Price: $102,178.56
TP/SL Set:
TP: $108,500
SL: $107,291
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๐ Chart Context
Youโve entered a long position (betting price will go up).
Chart shows a small bounce after a downtrend, likely testing short-term resistance.
Your TP is near a potential resistance zone around $108,500.
Your SL is placed reasonably below current support (~$107,291).
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๐ What I Think
โ Positives
Your entry is near a key support, which is smart.
TP/SL are well-definedโthis limits risk and gives room for profit.
The price is currently moving slightly in your favor, suggesting a bounce may be happening.
โ ๏ธ Concerns
125x leverage is extremely risky: even small moves can liquidate you.
Market is still inside a descending triangle, so trend remains bearish unless BTC breaks above $108,400โ$108,800.
MACD and volume arenโt showing strong reversal yet.
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๐ฎ Recommendation (Short-Term)
Hold your position for now since you're in green and close to your TP.
If BTC breaks above $107,800โ$108,000 with strength, it's a good sign to continue holding.
If it struggles there or drops below $107,300, consider closing manually instead of risking liquidation with high leverage.