Fast answer
Phemex signals should show mark-price and margin assumptions.
Before using a Phemex-labeled signal, check the contract, direction, margin mode, liquidation basis, stop or invalidation, timestamp, update trail, and final result label. A provider should not hide the trigger logic behind a screenshot.
Signals that mention leverage need visible margin and liquidation context.
Margin checks
What to inspect in a Phemex signal.
Mark price context
Check whether the provider distinguishes chart price, last price, mark price, and execution assumptions.
Margin level
The record should show whether liquidation risk is based on isolated or cross margin assumptions.
Stop and invalidation
Stop placement, stop movement, and invalidation rules should be visible before the trade closes.
Outcome labels
Records should preserve normal closures, stopped calls, liquidations, missed entries, and open positions.
Official context
Phemex explains liquidation through mark price and margin level.
Phemex's liquidation protocol says liquidation prices and unrealized PnL are determined based on mark price, and liquidation can trigger when margin level reaches 100%. Signal reviews should preserve those mechanics.
Review standard
Phemex calls should include the original risk path.
A reviewable Phemex signal includes original alert text, contract, direction, margin mode, mark-price context, stop or invalidation, update trail, closure note, and final status.