🚀 ETH Futures Trade Update: Managing the Volatility
I’ve just entered a long position on ETH/USDT as we see Ethereum testing critical support levels around the $1,900 – $1,950 range. Despite the recent sell-off, institutional interest remains resilient as network activity picks up.
📊 My Current Position
Asset: ETH/USDT Perpetual
Mode: Isolated 20x Leverage
Entry Price: $1,949.81
Current Mark Price: $1,949.20
Liquidation Price: $1,860.73
🔍 Market Analysis & Plan
The market is currently in a "bearish structure" after breaking the $2,200 level earlier this week. However, Ethereum is showing signs of being oversold, with immediate support sitting near $1,860 (coincidentally near my liquidation point).
Upside Targets: Reclaiming $2,100 is the first major hurdle. If we break that with volume, we could see a rebound toward $2,400.
Downside Risk: A daily close below $1,800 would signal further weakness toward $1,740.
🛡️ Risk Management Strategy
With 20x leverage, even a 5% move against the position can be significant. I am monitoring the $1,860.73 liquidation price closely and will use a Stop-Loss (SL) to protect my remaining capital if the support fails.
⚠️ Disclaimer
Risk Warning: Trading cryptocurrency futures, especially with high leverage (20x), involves extreme risk and the potential for the total loss of your capital.
This post is for informational and educational purposes only and does not constitute financial or trading advice.
Cryptocurrency markets are highly volatile; past performance does not guarantee future results.
Always conduct your own research (DYOR) and never trade more than you can afford to lose.
#TechnicalAnalysis #LeverageTrading #PriceAction #TradingSignals #DYOR
