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I entered a DOGE short at $0.08545 with 10x leverage, and the market has moved against me. The current mark price is $0.08718, putting my ROI at -19.42%. My liquidation price sits at $0.09355, which is only about 7.3% away. That's a dangerous spot, and I'm not going to pretend it isn't.
I've been watching the chart closely. DOGE has been grinding upward, and I'm not seeing a clear reversal signal yet. If it breaks above $0.0900, I'll likely cut the trade to avoid liquidation. If it rejects here, I might get a chance to exit at breakeven or a small profit.
Key levels I'm watching:
· Resistance: $0.0900 and $0.09355 (liquidation)
· Support: $0.08545 (my entry) and $0.08300
My plan:
· If price hits $0.0900, I'll close half and move my stop to breakeven.
· If price drops below $0.08500, I'll consider holding for a move to $0.08200.
· Stop loss set at $0.09200 to cap risk.
I'm sharing this because I believe in transparency, and I want to hear from you. Do you think DOGE will reverse or continue higher? Drop your thoughts below.
Not financial advice. Always do your own research.#JapanRealEstatePowerChipStocksRise