DEXE: $13.985 (+11.87%)
A $1.01K long position on DeXe Network (DEXE) was liquidated at $13.96629, indicating increased bearish pressure in the market.
Market Breakdown:
Trend: Sellers have gained momentum, pushing the price below critical support levels.
Impact: This liquidation could amplify bearish sentiment unless buyers step in to regain control.
Key Support: Watch for stability around $13.90 to assess the market's strength.
Strategic Insights:
Given the current trend, traders should approach long positions with caution. Exploring short opportunities or waiting for a confirmed reversal may be more prudent before re-entering the market.
