$SOLV SHORT LIQUIDATION ANALYSIS
Short liquidation alert has been triggered for $SOLV with a total exposure of $1,161.00 at a price point of $0.0612.
ENTRY POINT
Current Price: $0.0612
TARGET
Set your sights on a target of $0.0550 for potential downside based on current market conditions.
STOP LOSS
Implement a stop loss at $0.0650 to protect your capital and limit potential losses.
RISK REWARD RATIO
Calculating the risk-reward ratio:
Risk per trade: Stop Loss - Entry Point
= $0.0650 - $0.0612 = $0.0038
Reward per trade: Entry Point - Target
= $0.0612 - $0.0550 = $0.0062
Risk-Reward Ratio = Reward / Risk
= $0.0062 / $0.0038 ≈ 1.63
STRATEGY OUTLOOK
This setup offers a risk-reward ratio of approximately 1.63, indicating a favorable opportunity for potential gains. Monitor the market closely for signs of volatility that could impact your positions. Adjust your strategy as necessary to effectively manage potential risks.