$DEXE Short Liquidation.
In an intense turn of events, $1.503K worth of short liquidations have just occurred at a price of $15.340.
What’s happening.
The market just saw a huge shift, triggering massive short liquidations. This means traders betting on $DEXE price to go down have been forced to close their positions, resulting in a significant surge in volatility.
Total Liquidation Value: $1.503K
Liquidation Price: $15.3089
Why is this important.
Short liquidations like this are a signal of intense market pressure. As the price hits liquidation levels, many positions get forced out, which can create a massive buying opportunity or potentially fuel further price momentum.
What to Expect Next:
Increased volatility: With short squeezes happening, expect large price swings.
Potential for a price surge: If buyers jump in, this could be the start of a bullish breakout!
Traders on edge: Watch out for potential stop-loss triggers and more short positions getting liquidated.
Are you ready to ride the wave.
Keep an eye on the price and momentum.
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