XRP is about to Get Liquidated, I just closed all positions.


The situation is as follows: previously I took a long position with 3x leverage, entering at 2.2044, now the price has dropped to 2.192, the liquidation price is around 2.193—it's almost approaching the liquidation line. If held on, it means waiting for forced position closure, the indicators are also starting to become unresponsive, so I immediately closed 10 units, transaction price 2.1914, losing 1.3U as a stop loss.
But this is not close all positions, there are still 90 positions left in the account, keep observing—if technical analysis confirms a further decline, the next orders will also be processed. Now the total account assets are 344U, margin has been released, and the risk has been temporarily mitigated.
This is why I say that inappropriate indicators and techniques will lead to losses. The 4-hour chart still shows a slight upward trend, but the details in the 3-minute chart are crushing ( prices falling below the 20 average, with a flat MACD), in an extreme fear environment with the fear index only at 25, resistance signals like this should be taken seriously. Next time, it is necessary to set the stop loss earlier, don't let the risk of liquidation force me to make emergency decisions.
#XRP #止损 #GateAI人机对抗赛 #GatePerps
XRP2.45%
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