VANA Short Liquidation: $7.5236K Loss at $15.93952
The market delivered a heavy blow, forcing a $7.5236K liquidation on a short position in $VANA .
What started as a calculated move quickly turned into a fierce reversal.
Entry Point: $14.50
The short was initiated at $14.50, based on expectations of a price pullback in $VANA due to recent market trends and technical indicators.
Target: $12.00
The target was set at $12.00, aiming for a solid decline. However, the market had a different plan, surging higher instead.
Stop Loss: $15.93952
At $15.93952, the stop loss was triggered, closing the position at a loss of $7.5236K. A brutal reminder that even the best-laid plans can be undone in volatile conditions.
The $$VANA iquidation highlights the unforgiving nature of trading. Always stay vigilant and prepared for sudden moves that can turn the tide in an instant.