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I just opened a new long position on the DOGEUSDT pair. I am using isolated 10X leverage here. My entry price was 0.10588 USDT, and the current market price has dropped slightly to 0.10567 USDT. As a result, my current return is now slightly negative, approximately -1.96% (-0.01 USDT).
The crypto market is always quite volatile, and Dogecoin (DOGE) is known for making big moves at any moment. Since I am close to the support level, I am holding this long position. I hope the market will reverse very quickly and we will see a good bounce back. If DOGE can break through the next resistance zone, it could turn into a highly profitable trade. For those of you who are currently in the market, how are your current positions doing? Share in the comments!