#PIPPIN SHORT LIQUIDATION ANALYSIS
Short liquidation alert has been triggered for #PIPPIN with a total exposure of $6,778.40 at a price point of $0.10421.
ENTRY POINT
Current Price: $0.10421
TARGET
Set your sights on a target of $0.0900 for potential downside based on current market conditions.
STOP LOSS
Implement a stop loss at $0.1100 to protect your capital and limit potential losses.
RISK REWARD RATIO
Calculating the risk-reward ratio:
Risk per trade: Stop Loss - Entry Point
= $0.1100 - $0.10421 = $0.00579
Reward per trade: Entry Point - Target
= $0.10421 - $0.0900 = $0.01421
Risk-Reward Ratio = Reward / Risk
= $0.01421 / $0.00579 ≈ 2.45
STRATEGY OUTLOOK
This setup offers a risk-reward ratio of approximately 2.45, indicating a strong 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.
