DOT Liquidated Long: $72.5K Loss at $7.463
The market hit hard, liquidating a $72.5K long position in $DOT . What looked like a promising setup turned into a painful blow as the price took a sudden dive.
Entry Point: $9.00
The long position was initiated at $9.00, backed by strong bullish indicators and expectations of continued upward movement in DOT
Target: $11.00
The target was set at $11.00, anticipating a breakout to the upside. But instead of climbing, $DOT reversed sharply, catching the position off guard.
Stop Loss: $7.463
The stop loss was triggered at $7.463, locking in a massive $72.5K loss. A brutal reminder of the risks in volatile markets and how quickly things can turn against you.
The $DOT liquidation serves as a powerful reminder: volatility is unpredictable. Always protect your downside and stick to your risk management rules—markets can move fast.
