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I’ve just entered a Short position on BLENDUSDT using Isolated 20X leverage.
Technical Insights:
Entry Price: 0.118 USDT
Current Mark Price: 0.11784 USDT
Current Return: +3.5% (and counting)
The price action suggests a bearish momentum is building after hitting resistance near the entry level. By utilizing isolated margin, I'm maintaining tight risk management while capitalizing on this downward trend.
The volatility is providing some solid scalp opportunities today. I'll be monitoring the price action closely for my next take-profit target.
What’s your take on BLEND? Are you seeing further downside or a potential bounce here?
$BLEND