$DEXE Short Liquidation Analysis
💥 Current Short Liquidation: $5.0304K, Price: $18.58162
Market Overview
$DEXE (DeXe) has triggered a short liquidation at $18.58162, signaling strong bullish momentum. This indicates that the market may continue rising if buying pressure persists.
Trading Strategy: Buy Plan
Here’s your step-by-step plan to take advantage of the current market move:
Buy Zone
Entry Range: $18.50 to $18.80
Tip: Look for minor pullbacks or consolidation in this range before entering for better risk management.
Targets (Take Profits)
Target 1 (Short-Term): $19.50
Target 2 (Mid-Term): $20.00
Target 3 (Long-Term): $21.00
Stop Loss
Stop Loss Level: $18.00
Reason: A drop below this level could signal the end of the bullish trend and further downside risk.
Key Tips for Traders
1. Volume Confirmation: Ensure strong buying volume near the buy zone to confirm the upward trend.
2. Risk Management: Use only 1-2% of your capital on each trade to manage risks effectively.
3. Market Sentiment: Watch for updates or news related to DEXE, as sudden changes in sentiment can cause price volatility.
🚀 Possible Scenario: If $DEXE breaks through $20.00 with solid momentum, it could quickly push towards $21.00 or higher. Be patient, stick to your plan, and adjust your stop loss as the price rises to secure profits.
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