$DEXE SHORT LIQUIDATION ALERT 🔥
💥 Trade Details:
Liquidated Short: $28.5K
Entry Point: $12.53
Current Ask: $12.53
Target: 🚀 $10.00 (aiming for a 20%+ drop!)
Stop Loss: 🛑 $13.50 (tight stop to protect from upside risks)
📊 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!
💥 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.
🚨 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!
🔑 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.
⚡️ 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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⚠️ 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.
🔻 Keep an eye on DEXE—if the market heads south, this could be a thrilling ride down!