#MORPHO LIQUIDATED LONG ANALYSIS
Long liquidation alert has been triggered for #MORPHO with a total exposure of $22,170.00 at a price point of $2.9643.
ENTRY POINT
Current Price: $2.9643
TARGET
Set your sights on a target of $3.1000. This price point represents a potential upside based on market conditions.
STOP LOSS
Implement a stop loss at $2.8000 to protect your capital and limit potential losses.
RISK REWARD RATIO
Calculating the risk-reward ratio:
Risk per trade: Entry Point - Stop Loss
= $2.9643 - $2.8000 = $0.1643
Reward per trade: Target - Entry Point
= $3.1000 - $2.9643 = $0.1357
Risk-Reward Ratio = Reward / Risk
= $0.1357 / $0.1643 ≈ 0.83
STRATEGY OUTLOOK
This setup presents a risk-reward ratio of approximately 0.83, indicating a challenging opportunity. Monitor the market closely for signs of volatility that could impact your positions. Consider adjusting your strategy to manage potential losses effectively.
