AVAXUSDT High Leverage Pin Catch

Recently, the AVAXUSDT price was hovering between 28-31, while QuantumGrid's long-term support/resistance levels were 27.00 and 35.97. Since we continued to anticipate a rise in AVAX, which is in a strong trend, we placed a 50X long order at 27.00 and a small short order at 35.97. As you can see in the charts, the price bounced off 35.80 during the initial upward move, without touching 35.97. However, we thought we had missed a short opportunity. However, the price fell sharply, reacting strongly from 26.78 to 36.16. The 27.00 level created a significant pin, and we made substantial profits from both our long and short positions. You can test the success of QuantumGrid levels on the chart yourself.

Of course, every transaction you enter carries a risk, and in order to minimize this risk, we prefer to reduce our positions, which turn a profit quickly, to zero cost, especially after price movements of 10% at long-term levels and 3% at short-term levels.