$MOVE Short Position Definition
Position Type:
Short
(Selling $MOVE with the expectation that its price will decrease.)
Liquidation Amount:
$1,680.70
(The total value of the position that could be liquidated if the market moves against the trade.)
Entry Point:
$0.78575
(The price at which the trader sells $MOVE, marking the starting point for the trade.)
Target and Stop Loss
Target Price:
(To be determined based on market analysis; typically below the entry price for a short position.)
Stop Loss Price:
(To be determined based on risk tolerance; typically above the entry price to limit potential losses.)
Summary
This short position on #MOVE aims to benefit from potential price declines, with the liquidation amount indicating the risk involved. The trader should define specific target and stop loss prices to manage the trade effectively.