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VIDTUSDT Trade Analysis: A Profitable Move!

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This trade showcases a well-executed position in VIDTUSDT perpetual futures on 3x isolated leverage. Here's a detailed breakdown of this impressive trade:

📊 Key Metrics:

Profit and Loss (PNL): $293.76 USDT

ROI: +20.03%

Position Size: 131.147 VIDT

Margin Used: $1,358.88 USDT

Entry Price: $0.03131 USDT

Mark Price: $0.03355 USDT

Liquidation Price: $0.02116 USDT

Margin Ratio: 2.66%

🎯 Analysis:

1. Strategic Entry Point: The entry price at $0.03131 indicates the trader captured a favorable position before the upward movement.

2. Profitable Exit Potential: With the mark price at $0.03355, the trade has already achieved a solid 20.03% ROI, a great achievement for a leveraged position.

3. Risk Management: A liquidation price of $0.02116 shows that the trader had adequate margin to avoid getting liquidated in case of market volatility.

4. Leverage Usage: The use of 3x isolated leverage kept risks relatively contained while amplifying the profit potential.

🚀 Takeaway: This trade highlights the importance of precise entry points, leveraging risk management tools, and capitalizing on market momentum. With careful planning and discipline, such results are achievable in the crypto market.

What do you think of this trade? Share your thoughts and experiences below!

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