$SYN
Took the short on #SYNUSDT after the pump lost steam. ⚡📉
Entry: 0.04850 with 10x cross – deliberately lower leverage here. Position size is 684,849 SYN, margin ~3,320 USDT. PNL currently +15.73 USDT (ROI +0.47%), mark price just below entry. Liquidation at 0.06194, giving me nearly 28% buffer. Margin ratio is solid at 8.59%.
Why only 10x? Because not every setup needs max aggression. Sometimes the best risk management is simply turning the dial down. This trade thesis is more about mean reversion than momentum exhaustion, so I sized larger on margin but reduced leverage. There’s no rule saying you must use 20x just because it’s available.
SYN had a sharp leg up on thin volume. When low-caps move like that with no continuation, sellers usually step in. I entered on the first lower timeframe breakdown, not after the red candle printed. That’s the difference between chasing and anticipating.
Too many traders think shorting is only for tops. False. You short weak structure, not just high prices.
Binance perps let me adjust leverage per trade – same pair, different conviction levels. That flexibility matters more than maxing out every time.
PNL is modest right now. That’s fine. Good trades don’t always scream on entry. They whisper. You just have to be listening.
#SYNUSDT #BinanceFutures #ShortTrade #LeverageControl #AltcoinShort #CryptoRisk #Perpetuals