š 1. PROVEUSDT (Futures - Active Position)
š Position Details:
Entry: 1.038152
Current Price (Mark Price): 1.020600
TP (Take Profit): 1.245700
SL (Stop Loss): Not determined yet
Leverage: 10x
Floating Loss: -0.19 USDT / ROI: -17.58%
Liquidation Price: 0.442074
š Analysis:
This position is long (buy).
You entered when the price was relatively high, and currently, the price has slightly dropped to 1.0206.
Still safe because it is far from the liquidation price.
TP 1.245700 is quite aggressive, aiming for a high rally.
Need to set a Stop Loss, because if the market drops sharply, the margin can be consumed quickly at 10x leverage.
ā Recommendation:
TP: 1.20 ā 1.24 (fixed, if you want to be more conservative, you can set it at 1.15)
SL: 0.98 (safe limit before the trend really reverses)
Additional Entry (Buy the dip): If the price corrects to the area of 0.99 ā 1.00, it could be a scaling in opportunity.