$PENGU Long Liquidation Analysis
Position: Long
Liquidation Amount: $1,178
Liquidation Price: $0.01069
Entry: $0.01069
Target: $0.01250
Stop Loss: $0.00950
Entry: The price at which the long position was established.
Target: The price level aimed for taking profits.
Stop Loss: The price level to limit losses if the market moves against the position.
Risk-Reward Ratio:
Risk per trade (Entry - Stop Loss): $0.01069 - $0.00950 = $0.00119
Reward potential (Target - Entry): $0.01250 - $0.01069 = $0.00181
Risk-Reward Ratio: Risk($0.00119) / Reward($0.00181) = 1:1.52
In summary, this analysis for $PENGU indicates a well-defined trade setup with a manageable risk-reward ratio. With the current liquidation pressure, traders should remain vigilant and consider exit strategies while monitoring market dynamics.