$XLM Long Liquidation occurred at $5.6259K value with the liquidation price at $0.38373.
Entry: The long position was initiated with the expectation that $XLM would increase in value.
Target: The target was likely set for a price rise, but market conditions caused a downturn.
Stop Loss: Stop loss orders were triggered at $0.38373, leading to the liquidation of the position.
$XLM faced unexpected market pressure, which caused the price to drop below the stop loss level, resulting in liquidation.
Win/Loss Ratio: The ratio indicates a loss, as the position was closed out at a lower price than expected.
Action Plan:
Improve risk management and stop loss strategies to better protect against sudden price changes.
Reassess market conditions to avoid entering long positions in uncertain trends.
Set more conservative entry and exit points to reduce exposure to downside risks.
XLM strategy should include better analysis of market signals before opening positions.