How to Anticipate Liquidations on Binance
Hey Binance fam! Liquidations often cause those sudden market crashes. Here’s how to stay ahead:
1. Monitor Leverage: Watch Binance Futures for high open interest and funding rates, signaling over-leveraged positions.
2. Track Indicators: Sudden price changes and high funding rates can hint at upcoming liquidations.
3. Use Tools: Check your margin risk level and set price alerts on Binance to manage risks effectively.
4. Manage Your Risk: Avoid high leverage, use stop-loss orders, and diversify your investments.
Trade smart and stay safe!
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