$DEXE SHORT LIQUIDATION ALERT ๐ฅ
๐ฅ Trade Details:
Liquidated Short: $28.5K
Entry Point: $12.53
Current Ask: $12.53
Target: ๐ $10.00 (aiming for a 20%+ drop!)
Stop Loss: ๐ $13.50 (tight stop to protect from upside risks)
๐ Trade Overview: #DEXE has shown some weakness in the market, and this short position looks promising with a potential decline ahead. The crypto market is volatile, but the technicals suggest a possible dip. Keep your strategy sharp!
๐ฅ Target Action Plan:
1. Bearish Target: Aim for $10.00 for a significant 20% drop potential from the entry point.
2. Stop Loss: Set at $13.50 to limit potential losses if the market reverses and pushes upward.
3. Stay Agile: Monitor the market for any signs of bullish recovery, as #DEXE could turn quickly.
๐จ Key Risk: A sudden price surge could trigger a loss, so watch for any signs of a market reversal. Tighten your stop loss as the price drops!
๐ Next Steps:
If the price moves toward $10.00, lock in profits and consider scaling out of your position.
If the price goes above $13.50, exit your short and reassess the market conditions.
โก๏ธ Strategy Tip: Tighten your stop loss if the price begins to dip in your favor to lock in profits while still allowing for further downward movement.
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โ ๏ธ Disclaimer: Short trading carries significant risk, especially in the volatile crypto market. Always conduct thorough research and never invest more than you can afford to lose.
๐ป Keep an eye on DEXEโif the market heads south, this could be a thrilling ride down!
