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.
Analysis
Recommendation
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.