When you are under liquidation price - you still can stay alive on https://t.co/oRLTRckPo5 or https://t.co/oOi48fw1FQ, no matter what the price of your collateral is! But remember:
- Need to keep watching your health and repay if it goes lower (<1% is real low, 3% is pretty good);
- Health loss is slow in low volatility, fast at high volatility;
- Health loss is slow when number of bands is large / the "yellow" region is wide.
So keep that in mind, and you can see the position "resurrected" as collateral price is above liquidation price again!