I just closed a 🔥 short position on $1000CHEEMS Perpetual Futures with 75x leverage, and the result? A clean +60.20% profit.
🔍 Trade Details:
Position: Short
Leverage: 75x
Entry Price: 0.0014738
Last Price (Exit): 0.0014620
Profit: +60.20%
🧠 Why I Took This Short?
After closely watching the resistance zone near 0.0014750, I noticed selling pressure building up. CHEEMS was losing momentum — a perfect setup for a quick leveraged short.
📉 The key here was timing and tight execution — even a small price dip can bring massive results when you’re playing with 75x.
📈 Lessons from the Trade:
Micro-movements matter when using high leverage.
Always have a risk plan — this could’ve gone the other way.
Discipline > Emotion — I stuck to my plan and didn’t get greedy.
🏁 Final Thought:
Every win counts — and every loss teaches. Today was a win. Trading 1000CHEEMS on Binance Futures continues to give high volatility and short-term scalping opportunities.
Today, I entered a short position on 1000CHEEMSUSDT Perpetual Futures with a high 75x leverage. Here’s a quick breakdown of my trade and current PnL:
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📉 Trade Overview:
Position Type: Short
Leverage: 75x
Entry Price: 0.0014738
Last Price: 0.0014749
Current PnL: -5.56%
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📊 Why I Shorted 1000CHEEMS?
After analyzing the recent price action and volume on 1000CHEEMS, I noticed a possible short-term bearish pattern forming. With resistance holding strong and low momentum on the upside, I saw an opportunity to take advantage of a pullback.
I decided to go in with 75x leverage for a quick scalp. While high leverage increases risk, it also allows small movements to generate significant profit — or loss.
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⚠️ My Learning So Far:
High leverage = high risk. A slight price movement can result in quick liquidation or significant gain.
Entry timing is critical in volatile tokens like 1000CHEEMS.
Always trade with a clear stop-loss and take-profit strategy.
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🧠 Final Thoughts:
This trade is currently in the red (-5.56%), but futures trading is all about timing and strategy. Whether this ends in profit or not, it’s another valuable learning experience in my trading journey.
If you're also trading micro-cap futures on Binance, share your insights! Let’s learn from each other. #