I can see this is a Binance Futures position with a very heavy loss. Let me explain clearly whatโs going on in your screenshot and why this happened, plus what to do next ๐
#MarketRebound $XRP #USDemocraticPartyBlueVault $SOL
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๐ด What the Image Shows (Important Numbers)
PNL: -975.57 USDT โ
ROI: -706.83% โ (extremely dangerous)
Position Size: 2,758.66 USDT
Margin Used: 138.02 USDT
Margin Ratio: 79.76% โ ๏ธ (near liquidation)
This means: โก๏ธ You used very high leverage โก๏ธ Small price move against you caused huge loss โก๏ธ Account is close to liquidation
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๐ Chart Explanation (1D Timeframe)
Price pumped from ~2.80 โ 23.59
Then strong rejection at top
Market started sharp reversal
Your position stayed against the trend
Supertrend flipped bearish
Red curved line shows strong downward momentum
๐ If this was a LONG, price dumped โ loss
๐ If this was a SHORT, you entered too late near bottom
Either way โ bad entry + high leverage
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โ Main Mistakes Here
1. Over-Leverage
Small margin (138 USDT)
Huge position (2,758 USDT)
2. No Stop Loss
Position allowed to bleed
3. Trading After Big Pump
Buying near top is very risky
4. Ignoring Trend Indicators
Supertrend already turning
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โ What You Should Do NOW
๐ฅ If Position Is Still Open
Reduce position immediately
OR close fully to avoid liquidation
Donโt add more margin emotionally
๐ง For Future Trades (VERY IMPORTANT)
Use 5xโ10x max leverage
Always set Stop Loss
Trade with trend, not against it
Wait for pullback, not top/bottom
Risk only 1โ2% per trade
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๐ก Simple Rule to Remember
> High leverage = fast money OR fast account wipeout
You are not aloneโthis happens to many traders. The key is learning from it and adjusting strategy.
If you want, you can:
Tell me LONG or SHORT?
Share Entry & Leverage
Or ask for a safe futures strategy
Iโll guide you step-by-step ๐