1. Entering a trade:
Limit orders at levels: $3189, $2920 and $2268.
A DCA strategy is used, which reduces the average entry price when the market falls.
2. Leverage ×5:
Increases potential profit, but also increases risk.
When using leverage, the margin price will be critical to controlling risk.
3. Current situation:
Price: $3189.
PNL: Loss is -134.76 USDT.
Given the leverage of ×5, margin pressure is higher, requiring strict capital management.
4. Objectives and risk management:
Take Profit: Level $3970.
Once the target is reached, the profit potential is greatly increased by leverage.
Risk: The $2920 support level is a key area below which it is worth revising the strategy.
5. Indicator:
SAR: Indicates a bearish trend.
OBV: Negative (-61.4M), confirming the buyers' weakness.
MACD and RSI: Signal a possible continuation of the decline.
6. Risks taking into account leverage:
If the price falls below $2920, margin risks increase.
If the price moves to $2268, you need to be prepared to add margin or take a loss.
7. Recommendations:
Strictly control the liquidation price: under ×5 leverage conditions, the risk of liquidation is higher.
Continue following the DCA strategy if the price falls to the limit levels.
An increase in volume on the rise above $3405 could signal a trend reversal.
Bottom line: The trade has potential, but due to the use of ×5 leverage, it is important to maintain strict risk management to avoid liquidation.
