$141K 1000PEPE Long Liquidated at $0.0109 — Risk Alert
I saw a $141K long in 1000PEPE get liquidated at $0.0109. That kind of forced deleveraging signals weak bid support and elevated short-term downside risk.
I wouldn't add fresh exposure here; if I'm already long I would consider trimming size or tightening stops and wait for clearer volume and orderbook support before re-entering.
Analysis
Recommendation
I recommend avoiding new long positions and reducing exposure if needed; wait for confirmed support, higher volumes, or a clear base before considering re-entry.
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.