🔥🔥My Long Position Details⏩
Based on this technical setup, I've entered a long position. Here are the details of my current trade:
Pair: ARIAUSDT Perp
Leverage: 13x Cross
Margin: 35.63 USDT
Position Size: 462.67562 USDT
Current PNL: +1.44 USDT
Current ROI: +4.04%
It's always great to see a trade go into the green shortly after entry. The positive ROI of over 4% is a good start, and I'm managing this position carefully.
Outlook and Strategy
The order book shows some resistance around the $0.08340 - $0.08350 area, but the buying pressure seems sufficient to push through. The funding rate is currently positive at 0.00500%, which is something to monitor, but it's not high enough to deter me from this long setup at the moment.
My plan is to hold this position as long as the short-term uptrend remains intact. I'll be watching for a clean break above the recent highs and a move towards the 24h high of $0.08467. If we can clear that level, we could see a more significant move to the upside. As always, risk management is key, so I have my stop-loss levels in mind in case the trend reverses.
What are your thoughts on $ARIA? Are you bullish or bearish in the short term? Let me know in the comments!
$ARIA
#ARIAUSDT #LongPosition #CryptoTradingTip #BinanceSquare #TechnicalAnalysis