FARTCOIN long liquidated — $163k position wiped
I had a long in FARTCOIN that was liquidated after an entry around 1.1229488. The position size was $163,007 and was closed by the market on a sharp adverse move.
This trade underlines the token's high volatility and the risks of using leverage; execution and liquidity can turn a decent thesis into a full loss quickly.
I'm pausing re-entry until I see clear stabilization, lower leverage opportunities, or defined support on higher timeframes.
Analysis
Recommendation
Don't buy for now. Wait for consolidation and clearer support, reduce leverage, or only enter a much smaller position with strict risk limits.
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.