don't buy
1000PEPE Liquidation — $141K Closed at $0.0109, Caution Advised
I was liquidated on a long in 1000PEPE for $141,000 at $0.0109. The position was closed when price moved sharply against me.
This underscores how volatile and illiquid 1000PEPE can be; I won’t re-enter with leverage until market structure and support levels become clearer.
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Analysis
The forced exit at 0.0109 highlights severe volatility and thin liquidity in 1000PEPE; leveraged longs are especially vulnerable to rapid adverse moves and stop-hunts around low-liquidity price levels...
Recommendation
Don’t initiate new long positions now; reduce leverage, wait for confirmed support and cleaner price action, or consider staying sidelined until volatility subsides.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.