sell

MKR long liquidated at $1,940.98 — reassess risk, wait for confirmation

I had a long on MKR that was liquidated. My average entry was $1,940.98 and the position size was $51,669.

The liquidation shows the market moved sharply against my position and revealed downside pressure; I need to reassess risk management and market structure before re-entering.

For now I will avoid adding new long exposure until I see clear support or a confirmed reversal; I may consider selling or shorting on strength if bearish signals persist.

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Analysis

The liquidation indicates a pronounced downside move and likely forced deleveraging; with a large position size taken out, selling pressure may continue until buyers re-enter decisively. Monitor volum...

Recommendation

Do not add to longs now; reduce exposure or stay flat and wait for confirmed support or a clear reversal pattern. Consider selling or shorting on strength only if bearish structure holds and risk cont...

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.

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