Leverage magnifies exposure so a small price move creates larger P&L and liquidation risk.
At 10x leverage, a roughly 10% adverse move can wipe the position, ignoring fees and funding.
In research workflows, Leverage is usually interpreted with Margin, Liquidation, Perpetual futures, and Risk management rather than as a standalone signal. Indicators lag. Combine them with liquidity and attention context instead of using any single oscillator alone.