Seeking expert guidance on current futures trades. I am currently facing significant losses where current losses exceed profits. Your insights and strategies are greatly appreciated. 📉

Specifically, these are the trades in question:

$COLLECT
COLLECTUSDT (Futures)

$MAGMA
MAGMAUSDT (Futures)

Experienced traders, please share your analysis, potential next steps, or any advice on managing these positions. 🙏 #CryptoTrading #FuturesTrading #TradeAnalysis #LossRecovery