#Share My Holding Returns#GateSquareAprilPostingChallenge

Entering my next position as part of the #GateSquareAprilPostingChallenge, here is my setup for a short on DOGEUSDT, using an Isolated 10X leverage.
The Setup & Entry:
I've entered a short position on DOGEUSDT at an average entry price of 0.09293 USDT. This setup is a continuation of my earlier analysis. My current PNL, as shown, is a slight -1.28%, but this is to be expected as the position builds momentum. The current Mark Price is 0.09286 USDT, showing some consolidation.
Targets:
Target 1 (T1): 0.08850 USDT – This aligns with the next significant liquidity zone.
Target 2 (T2): 0.08620 USDT – A deeper target if the bearish momentum accelerates.
Risk Management:
Stop Loss (SL): My Stop Loss is set firmly at 0.09550 USDT. Protecting capital is my first priority, and if the price invalidates my setup by moving above this level, I will take the loss and move on. This ensures a disciplined risk-to-reward ratio.
Rationale:
The trade logic is based on [Briefly mention one core reason, e.g., "the double-top formation on the 4-hour chart" or "the failure of the previous support to hold"] and is part of a larger, diversified portfolio strategy.
As always, this is my personal journal entry and not financial advice. Trade responsibly and do your own research.
#CryptoTrading $DOGE ‌