$DEXE Short Liquidation Sparks a Surge! Bulls Take the Lead!
A $1,909.2 short liquidation occurred at $19.60573, signaling renewed buying momentum as bears were forced to exit their positions.
This move highlights strong bullish pressure, with $DEXE pushing higher and reclaiming critical levels.
Key Details:
Liquidation Amount: $1,909.2
Liquidation Price: $19.60573
Market Context: Liquidation at this price reflects bullish dominance.
A break above $19.60 could pave the way for further upside, with traders eyeing the next key resistance.
Next Move:
For Bulls (Long Traders): If DEXE breaks above $19.70, it could rally toward $20 or $21.
Look for dips near $19.50 to enter long positions, supported by rising volume.
For Bears (Short Traders): Wait for rejection at $19.80–$20 before considering fresh shorts.
Entering too soon could be risky in this bullish environment.
Suggested Stop-Loss:
For Longs: Place a stop-loss near $19.40 to manage risk in case of unexpected pullbacks.
For Shorts: Use a stop-loss above $20.10 to minimize losses if the rally continues.
$DEXE is heating up, and volatility is building—stay focused as the bulls push for a breakout!